By Laura Contemori – ROME (Econostream) – French recycling and environmental services group Derichebourg on Thursday priced a dual-tranche €800 million green bond offering.
The €475 million five-year tranche carries a 5.375% coupon and will mature on September 15, 2031. The deal was reoffered at par, for a yield to maturity of 5.375%.
The €325 million seven-year tranche carries a 5.875% coupon and will mature on September 15, 2033. The tranche was also reoffered at par.
Settlement is scheduled for September 16, 2026.
BNP Paribas acted as left lead and sole bookrunner, alongside Crédit Agricole CIB, CIC, Natixis and Société Générale as joint managers.
The pricing was executed at 13:24 UK time (14:24 CET).