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Veolia Environnement Ve SA Updates on Issuance of Subordinated Perpetual Hybrid Debt


Thursday, 10 Jan 2013 03:00am EST 

Veolia Environnement Ve SA announced that it launched the issuance of deeply subordinated perpetual hybrid debt in EUR and GBP, callable beginning April 2018. Given the final demand, which exceeded EUR 9 billion for the two tranches and an order book of more than 600 orders, Veolia Environnement issued EUR 1 billion at a 4.5% yield for the tranche in EUR and GBP 400 million at a 4.875% yield for the tranche in sterling, fixing historically low interest rates. 

Company Quote

17.7
-0.33 -1.83%
31 Jul 2014