Zaandam, the Netherlands, March 5, 2026 - Ahold Delhaize today announces that it has successfully priced a €800 million dual-tranche EUR transaction. The two maturities include a €300 million 2-year Floating Rate Note (FRN) tranche and a €500 million 8-year Green tranche.
Today's transaction includes the third Green Bond priced by Ahold Delhaize following issuances in 2023 and 2024 and extends Ahold Delhaize's longstanding track record in sustainable finance, of which details can be found here. These sustainability financings reinforce the continued alignment of the company's funding to its Growing Together strategy and Healthy Communities & Planet strategic priority.
Green tranche
The Green bond proceeds will be applied to finance or refinance, in whole or in part, new or existing Eligible Green Projects, in accordance with the recently updated Green Finance Framework dated March 2026.
Proceeds will fund Eligible Green Projects in Green Buildings, Energy Efficiency, Renewable Energy, Clean Transportation, and Pollution Prevention & Control, advancing Ahold Delhaize's healthy communities and planet strategic priority and accelerating value chain decarbonization (including by shifting to non-fossil derived fuels, lowering energy consumption, increasing renewable energy and driving more efficient transport in own brands' operations).
The Green Finance Framework and the related Second Party Opinion, obtained from Sustainable Fitch, are available here.
Pricing of dual-tranche issuance
The 2-year FRN tranche is priced at 3-month Euribor + 35 bps, and the 8-year tranche is priced at MS+ 90 bps and carries an annual coupon of 3.625 per cent. The notes will settle on March 12, 2026 and shall be listed on Euronext Dublin. BNP PARIBAS, BofA Securities (Sustainability Structuring Coordinator), ING, J.P. Morgan, and Rabobank acted as Joint Bookrunners.
Cautionary notice
This press release is not for release, distribution or publication, whether directly or indirectly and whether in whole or in part, into or in the United States, Australia, Canada or Japan or any (other) jurisdiction where any of such activities would constitute a violation of the relevant laws of such jurisdiction.
The offer of bonds referred to in this press release was limited in the EEA and the United Kingdom to qualified investors only. The bonds have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act") and will also not be registered with any authority competent with respect to securities in any state or other jurisdiction of the United States of America. The bonds may not be offered or sold in the United States of America without either registration of the securities or an exemption from registration under the US Securities Act being applicable.
This press release includes forward-looking statements. All statements other than statements of historical facts may be forward-looking statements. Forward-looking statements can be identified by certain words, such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods.
Forward-looking statements, including statements about the offering and the intended use of proceeds from the offering, are subject to risks, uncertainties and other factors that are difficult to predict and that may cause actual results of Koninklijke Ahold Delhaize N.V. (the "Company") to differ materially from future results expressed or implied by such forward-looking statements. Therefore, you should not place undue reliance on any of these forward-looking statements. Factors that might cause or contribute to such a material difference include, but are not limited to, the factors affecting the Company's business set forth in the Company's public filings and other disclosures. Forward-looking statements reflect the current views of the Company's management and assumptions based on information currently available to the Company's management. Forward-looking statements speak only as of the date they are made and the Company does not assume any obligation to update such statements, except as required by law.