Finance

SUEZ successfully completed a 750M€ senior bond issue with a 15 year maturity

SUEZ successfully launched a new 15yr 750M€ senior bond issue bearing a coupon of 1.250% per year and maturing on May 14 2035. It corresponds to the lowest coupon ever achieved by SUEZ for a long dated issuance of 15yr and above.

The Group’s average cost of debt was 3.95% in 2019 and the last public issue executed by SUEZ was the 7yr 850M€ senior bond, printed in March 2020, with a 1.25% coupon.

This transaction effectively contributes to both cost of funding reduction and debt duration extension for SUEZ while reinforcing its liquidity position.

Joint Lead Managers on the transaction were Citigroup, HSBC, RBC Capital Markets, UniCredit Bank, as well as well as BBVA, CaixaBank, CM-CIC and ING.

The prospectus of the new issue is available on the group’s website (www.suez.com).

Press contact

Isabelle Herrier Naufle
isabelle.herrier.naufle@suez.com +33 1 58 81 55 62
Julien Bachelet
julien.bachelet@suez.com +33 1 58 81 43 81
Analysts / Investors: Mathilde Rodié, Cécile Combeau
+33 1 58 81 24 05