Suez has successfully completed its inaugural £600 million sterling bond issue in Green format. The issue carries a fixed annual interest rate of 6.625% and a 20-year maturity.

This new transaction generated strong demand from investors, with the order book reaching £1.1 billion, representing an oversubscription of almost twice the size initially targeted.

This issue aims to refinance part of the €1.2 billion acquisition facility raised in December 2022 to complete the acquisition of Suez recycling and recovery UK;

It also strengthens the Group's financial structure by increasing the average maturity of its debt by 2 years to 8.5 years.

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