Business
Séché Environnement: Successful Tap Issue of the Green Bond Maturing 2030 for €70 Million
CHANGÉ, France, July 30, 2025--Regulatory News: On July 30, 2025, Séché Environnement (Paris:SCHP) issued €70 million in principal amount of additional bonds, which will be fungible with its €400 million green bond issued on March 19, 2025 (the "Green Bond")1.
About this update from Seche Environnement Sa
[{"type":"text","content":"Séché Environnement announces the completion of a tap of its Green Bond issued in March 2025, for an amount of €70 million.","length":123,"tagName":"p"},{"type":"text","content":"The proceeds from this additional issue will strengthen the Group’s cash position to support its sustained development.","length":119,"tagName":"p"},{"type":"text","content":"CHANGÉ, France, July 30, 2025--(BUSINESS WIRE)--Regulatory News:","length":64,"tagName":"p"},{"type":"text","content":"On July 30, 2025, Séché Environnement (Paris:SCHP) issued €70 million in principal amount of additional bonds, which will be fungible with its €400 million green bond issued on March 19, 2025 (the "Green Bond")1.","length":222,"tagName":"p"},{"type":"text","content":"This bond issue was subscribed by leading international investors.","length":66,"tagName":"p"},{"type":"text","content":"Except for the issue price, the new bonds have the same terms as the March 2025 issue, namely a coupon of 4.50% and a maturity date of March 25, 2030.","length":150,"tagName":"p"},{"type":"text","content":"Also rated BB by Standard & Poor's and Fitch Ratings, the new bonds will be fully fungible with the bonds issued in March 2025 after 40 days of the settlement date of the transaction and will be listed on Euronext Dublin.","length":229,"tagName":"p"},{"type":"text","content":"The net proceeds from this issue will be used (i) for the Group's general corporate purposes, which may include investments in certain Eligible Projects in accordance with the Issuer's sustainability framework ("Green Bond Framework"), as well as to finance its continued growth, including certain acquisitions, and (ii) to pay the costs and expenses related to the placement of the additional bonds.","length":418,"tagName":"p"},{"type":"text","content":"Upcoming events","length":15,"tagName":"p"},{"type":"text","content":"Consolidated results as of June 30, 2025: September 10, 2025, after market close","length":80,"tagName":"p"},{"type":"text","content":"About Séché Environnement","length":25,"tagName":"p"},{"type":"text","content":"Séché Environnement is a leading player in waste management, including the most complex and hazardous types, and environmental services, particularly in the event of environmental emergencies. Thanks to its expertise in creating circular economy lo...