Cases & Deals

Voltalia issues additional green bonds

Clients Voltalia S.A.

Jones Day advised Voltalia in its offering of additional green bonds convertible into new shares and/or exchangeable for existing shares (OCEANEs Vertes) due 2025 (the “New Bonds”) for a nominal amount of approximately €50 million (the “Offering”) fully fungible with the OCEANEs Vertes issued in January 2021 for a total nominal amount of approximately €200 million due on January 13, 2025, (the “Existing Bonds”).

The net proceeds of the Offering will be allocated to finance and/or refinance Eligible Green Projects as defined in Voltalia's Green & Sustainability-linked Financing Framework document, which is available on Voltalia's website.

The New Bonds have the same terms and conditions (except for the issue price) as the Existing Bonds and constitute a single series with the Existing Bonds. The Offering has been launched on July 26, 2022. The settlement-delivery and the admission to trading on Euronext AccessTM (the non-regulated market of Euronext in Paris) of the New Bonds are expected to take place on July 29, 2022.

The Offering was realized by way of a placement to qualified investors only, in France and outside of France (excluding, in particular, the United States of America, Canada, Australia, and Japan).

Voltalia is an international player in renewable energies listed on the regulated market of Euronext in Paris.

Jones Day advised Voltalia in 2021 on its inaugural issue of OCEANEs Vertes.