Telecom Operators

Proximus unveils €750 Million green bond

Proximus has launched a ground-breaking €750 million green bond, marking a significant step in sustainable financing. This 10-year bond which is set to grace Euronext Brussels, has not only captured the financial landscape but has also underscored Proximus’ commitment to long-term sustainability goals.

The issuance gathered exceptional interest, with the order book peaking above €3.3 billion (finishing 3.6 times oversubscribed at final terms). Supported by a strong network of 112 European institutional investors, this green bond aligns seamlessly with Proximus’ visionary bold2025 strategy, where sustainability reigns as a fundamental principle.

The funds raised unveils Proximus’ ambitious projects outlined in the Sustainable Finance Framework. From deploying fiber and 5G infrastructure under the Energy Efficiency to Circular Economy initiatives, each aspect contributes to Proximus’ commitment to a greener and more connected future.

Proximus’ finance lead, Mark Reid, stated, ” We are delighted with the success of this new Green Bond issuance, enabling us to increase our average debt duration and to further diversify our credit investor base. It demonstrates the strong confidence of institutional investors in Proximus’ strategy, the proven robustness of our credit metrics, as well as our solid track record in sustainable finance.”

EU commission adopt new recommendations for used mobiles, tablets and laptops

Previous article

Deutsche Telekom’ PASM signed 100MW wind PPA in Germany

Next article