Tikehau Capital successfully places a EUR500m sustainable bond

Tikehau Capital has successfully launched and priced an inaugural sustainable bond issue for a total amount of EUR500 million maturing in March 2029. 

This issue of senior unsecured sustainable bond is associated with a fixed annual coupon of 1.625 per cent, the lowest ever achieved by the Group.
 
The issuance of this first sustainable bond is part of Tikehau Capital’s impact strategy. It encourages the launch of new initiatives and sustainable funds, with underlying investments that will comply with the specific ESG and impact criteria set for the bond itself.
 
This first issue of sustainable bond has reached a strong appetite from investors which confirms their confidence in the credit quality of Tikehau Capital.

It has been placed with a diversified base of more than one hundred investors and has been subscribed by more than 75 per cent of international investors.
 
The sustainability aspects of this bond issue have been structured in collaboration with Crédit Agricole Corporate and Investment Bank as sole sustainable bond structurer. The net proceeds of this issue will be used to finance and/or re-finance in whole or in part, new and/or existing Eligible Sustainable Investments as set out in Tikehau Capital’s sustainable bond framework available on the Group’s website (https://www.tikehaucapital.com).
Application has been made to Euronext Paris for the bonds to be admitted to trading on Euronext Paris.
 
Once the Autorité des marchés financiers has approved the prospectus, the final version of the prospectus, which includes risk factors in relation to Tikehau Capital which are more up to date than those in the 2019 Universal Registration Document of Tikehau Capital will be published on the Issuer's website. The settlement is scheduled for 31 March 2021.