Market confidence reaffirmed
This new bond issue – following the €3.5 billion 10-year bond issue on March 11 and the €3 billion 6-year bond issue on April 9 – confirms Unédic's attractiveness on the financial markets. The order book reached €3.5 billion , allowing the issue amount to be set at €1.5 billion.
Carried out in a context of slightly declining interest rates, the transaction was completed at an interest rate of 4.115% , a difference of only 9 basis points compared to French Treasury bonds (OATs) , the benchmark for government debt on the financial markets. This level reflects the strong confidence that investors place in Unédic.
This operation also marks Unédic's return to the 15-year maturity, allowing it to diversify its investor base.
The 80% mark has been reached for the 2026 program.
With this fundraising, Unédic has reached 80% of its annual funding program, set at 10 billion euros. These funds will cover the deficit, refinance debts incurred particularly during the Covid-19 period, and reduce short-term debt.
Funds earmarked for securing career paths
The bond issue complies with the ICMA Social Bond Principles, an international framework that guarantees transparency in the use of funds. In accordance with its mission, Unédic intends to allocate these resources to protecting employees against economic risks and supporting them towards sustainable employment.
Breakdown by investor type
Breakdown by geographical area
