Veolia Environnement Announces Key Details of €400 Million Bonds Placement

Veolia Environnement has finalized the placement of €400 million in synthetic convertible bonds, due January 2032. These non-dilutive, cash-settled convertible bonds have a maturity of 5.5 years. The reference price for Veolia shares is set at €36.0750, while the initial conversion price stands at €43.2900, representing a 20% premium over the reference price. The initial conversion ratio is 2,310.0023 shares per bond of €100,000 principal.

The settlement and delivery of these bonds were completed on June 29, 2026. The offering targeted qualified investors only, excluding retail investors, and was conducted in compliance with applicable regulations in France and other jurisdictions.