Veolia Environnement : successfully issues new 3-year Panda bonds
December 14, 2020 at 04:45 pm EST
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Veolia successfully issues new 3-year Panda bonds
Veolia Environnement has successfully issued two bonds for a total nominal amount of 1,5 billion Renminbis (ie 188 million Euros) on the Chinese domestic market (Panda Bond).
Veolia, the first ever French issuer on the Panda Bond market, has sold these bonds to Chinese and international investors. The bonds have a 3 year maturity and bear an interest rate of 4.45 %, which is in the lower part of the interest rate range that was proposed to investors (between 4.3 % and 5.1 %).
Veolia has been present in China for over 20 years and these issuances support Veolia's objective to continue to actively pursue growth in China, where the Group operates more than 80 projects in more than 40 cities.
The fact that Veolia is a repeat issuer on this market and the pricing which was achieved are a signal of the significant appreciation of Veolia's credit quality, and investors' confidence in the future development of the Group in China.
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Veolia group is the global leader in optimized resource management. With nearly 178 780 employees worldwide, the Group designs and provides water, waste and energy management solutions which contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them.
In 2019, the Veolia group supplied 98 million people with drinking water and 67 million people with wastewater service, produced nearly 41 million megawatt hours of energy and converted 50 million metric tons of waste into new materials and energy. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €27.19 billion in 2019 (USD
30 billion).www.veolia.com
Contacts
Veolia Group Media Relations
Analysts & Investors
Laurent Obadia - Sandrine Guendoul
Ronald Wasylec - Ariane de Lamaze
Camille Maire
Tel. + 33 1 85 57 84 76 / 84 80
Tel.+ 33 1 85 57 42 16
sandrine.guendoul@veolia.com
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Veolia Environnement SA published this content on 14 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 December 2020 21:44:03 UTC
Veolia Environnement is the world leader in environmental management services. Net sales break down by activity as follows:
- water-related services (40.6%; No. 1 worldwide): water resources management, drinking water distribution and delivery, wastewater collection, treatment and recovery, engineering, design, construction of water treatment facilities and customer relationship management, etc.;
- waste management services (32.4%; no. 1 worldwide): collection, treatment and recycling of liquid, solid, non-hazardous and hazardous waste, waste treatment and recovery through composting, energy recovery from waste, etc. Veolia Environnement also provides urban waste management services (maintenance and cleaning of public spaces, provision of mechanized street cleaning and façade treatment services), maintenance of industrial sites, and dismantling of industrial facilities and equipment at the end of their useful life;
- energy services (27%; No. 1 in Europe): delegated management of urban heating and air conditioning networks, management of thermal and multi-technique services (operation of heating systems, facility design, construction, and maintenance, etc.) and industrial services (industrial process analysis, production equipment operation, service, and maintenance), general management of buildings and public lighting.
Net sales are distributed geographically as follows: France (21.5%), Europe (41.9%), North America (7.4%), Asia (5.6%), Africa and the Middle East (4.9%), Pacific (4.3%), Latin America (4%) and other (10.4%).
VEOLIA ENVIRONNEMENT 
