Veolia Environnement: EUR750m of bonds repurchased

News published on December Friday 14, 2012
Share on

Veolia announced it repurchased bonds for the nominal equivalent of EUR750m. As they traded above par, we estimate a EUR40-50m charge (representing the premium paid) will have to be incurred in the 2012 accounts. More importantly, over the 2013-18 period, we believe this will be ~4.0%+ EPS accretive p.a. in average.

The Essentials

Everything you need to know about investment banking dedicated to growth
Stay Informed
Get our news
Join our Team
Bryan, Garnier & Co is always looking for talent in all our divisions, at all levels
Explore our opportunities