EDF Exercises Its Option on Hybrid Bonds and Launches a Buyback Offer

EDF has announced its intention to exercise its option to redeem its hybrid bonds issued in 2020 early, for an amount of €850 million. Repayment is scheduled for December 15, 2026, in accordance with the agreed terms.

In parallel, EDF is launching a takeover bid targeting part of another tranche of hybrid bonds, initially issued for 1.25 billion euros, with a first early redemption date in December 2027. The securities concerned are listed on Euronext Paris.

The tender offer targets the remaining amount of new green hybrid bonds to be issued by EDF, compared to the total amount of €850 million of the initial bonds. The results of this offer will be announced on September 15, 2026.