TDF Infrastructure announces today the successful settlement of €500 million 4.125% Bonds due 23 October 2031.
The offering was almost 6x oversubscribed by a large and diversified European investor base.
The net proceeds of the new bonds will be used for the repayment (in part or in full) of €300 million corporate bank debt, maturing in 2026, and to finance the concurrent tender offer on the existing TDF Infrastructure €800,000,000 2.500% Bonds due 7 April 2026 (of which €650 million is currently outstanding), the results of which were announced on 22 October 2024.
The Prospectus related to this bond issuance has been approved by the AMF on 21 October 2024 and received the approval number 24-441. Copies of this Prospectus are available on the website of the AMF (www.amf-france.org) and on the website of the Issuer (www.tdf-infrastructure.com).
The Bonds have been rated BBB- by Fitch.
MUFG and Société Générale acted as Global Coordinators together with BNP Paribas and Crédit Agricole CIB and Mediobanca as Active Bookrunners, and BRED Banque Populaire, Crédit Industriel et Commercial and La Banque Postale as Passive Bookrunners.
Disclaimer
This press release and the information contained herein do not constitute an offer to sell or subscribe, nor a solicitation
of an order to purchase or subscribe the bonds in any country, in particular in the United States. This press release and
the information contained herein also do not constitute an offer to purchase nor a solicitation to sell the bonds, nor an
invitation to participate to the offer to purchase. The distribution of this press release may be restricted in some
countries and be subject to specific regulations and persons in possession of this press release should inform themselves
about and comply with any applicable restrictions.