EDF announces success of its senior green multi-tranche bond issue for nominal amount of €2.25 billion

Client(s) EDF (Electricité de France)

Jones Day advised EDF (Electricité de France) in connection with the issuance of senior green bonds in three tranches for a nominal amount of €2.25 billion:

• €750 million bond, with a 7-year maturity and a 3.250% fixed coupon;

• €1 billion bond, with a 12-year maturity and a 4.000% fixed coupon;

• €500 million bond, with a 20-year maturity and a 4.625% fixed coupon.

An amount equal to the net proceeds of the bonds will be used to finance and/or refinance the following investments:

• the 7-year maturity tranche in relation to the lifetime extension of the existing French nuclear reactors,

• the 12-year maturity tranche to renewable energy and hydro power projects,

• the 20-year maturity tranche to Hinkley Point C project, a pair of EPR nuclear reactors in construction in the United Kingdom.

These investments correspond to the categories of eligible projects defined in EDF's Green Financing Framework updated on 28 April 2025. Settlement and delivery took place on 7 May 2025, the date on which the Bonds were admitted to trading on the regulated market of Euronext Paris. The rating for the Bonds is BBB / Baa1 / BBB+ (S&P / Moody's / Fitch).