(AOF) – Valeo announces the placement of 850 million euros, maturing in April 2030, of new green bonds. The equipment manufacturer specifies that this issue made it possible to place 850 million euros of bonds with a maturity of 6 years with a coupon of 4.50%. The funds raised will be used to finance projects and investments linked to the portfolio of technologies that contribute to low-carbon mobility, in particular for vehicle electrification.
By 2050, Valeo has set itself the objective of being “Net-Zero” across all of its operational activities and procurement worldwide, and across its entire value chain in Europe. To do this, Valeo will continue to develop its portfolio of technologies “promoting carbon-free mobility accessible to as many people as possible”.
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