Air Liquide Successfully Launches Its First Green Bond Issue by Raising 500 Million Euros
Air Liquide (Paris:AI):
Main characteristics are as follows:
- Amount: €500 million
Air Liquide Finance, guaranteed by L’Air Liquide SA
May 27, 2021
- Maturity: May, 27 2031 (10 years)
- Format: Fixed rate, repayment at maturity
- Coupon: 0.375% p.a.
Air Liquide has successfully launched its first green bond issue, by raising
This transaction, significantly oversubscribed by investors, was executed under the Group's Euro Medium Term Note (EMTN) programme. With this issuance, Air Liquide is raising €500 million with a 10-year maturity at a yield of 0.461%.
Proceeds from this issuance will allow Air Liquide to refinance its
This issue will be rated « A- » by Standard & Poor’s and « A3 » by Moody’s.
A world leader in gases, technologies and services for Industry and Health, Air Liquide is present in 78 countries with approximately 64,500 employees and serves more than 3.8 million customers and patients. Oxygen, nitrogen and hydrogen are essential small molecules for life, matter and energy. They embody Air Liquide’s scientific territory and have been at the core of the company’s activities since its creation in 1902.
Air Liquide’s ambition is to be a leader in its industry, deliver long term performance and contribute to sustainability - with a strong commitment to climate change and energy transition at the heart of its strategy. The company’s customer-centric transformation strategy aims at profitable, regular and responsible growth over the long term. It relies on operational excellence, selective investments, open innovation and a network organization implemented by the Group worldwide. Through the commitment and inventiveness of its people, Air Liquide leverages energy and environment transition, changes in healthcare and digitization, and delivers greater value to all its stakeholders.
Air Liquide’s revenue amounted to more than
Group Financing &
+33 (0)1 40 62 51 78
+33 (0)1 40 62 58 25
Source: Air Liquide