Air Liquide Issues 500 Million Euros Green Bond for Sustainable Projects, Spotlight on Hydrogen
Key Ideas
  • Air Liquide issued a 500 million euros green bond to finance energy transition projects, with a focus on hydrogen, carbon capture, and low-carbon air gases.
  • The bond issuance was well-received by investors, demonstrating confidence in Air Liquide's commitment to sustainable development and decarbonization.
  • Proceeds from the bond will support long-term growth and help implement technologies for a transition to a low-carbon society.
  • The success of this green bond issuance aligns with Air Liquide's strategic plan ADVANCE, emphasizing the integration of financial and extra-financial performances.
Air Liquide has successfully issued a new 500 million euros green bond to finance sustainable projects, particularly emphasizing the energy transition focusing on low-carbon hydrogen, carbon capture, and low-carbon air gases. The issuance, under the Euro Medium Term Note (EMTN) programme, is set at a 10-year maturity with a yield of 3.466%. The oversubscribed transaction confirms Air Liquide's position as an ESG issuer and aims to support its long-term growth with competitive financial conditions. The proceeds will specifically finance or refinance energy transition projects while also supporting the Group's strategic plan ADVANCE, which integrates financial and extra-financial performances. Jérôme Pelletan, Air Liquide's CFO, highlighted the investors' confidence in the company's ability to implement technologies for decarbonization and reducing carbon footprints. The green bond issuance's success reflects a positive sentiment towards Air Liquide's sustainable initiatives and commitment to a low-carbon society.
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