Egis, a leading international player active in the architecture, construction engineering, consulting and mobility services sectors, announces the successful placement of its inaugural sustainability-linked Euro PP for €124 million, with a 6-year maturity.
This transaction, placed amongst prestigious investors, demonstrates the market's confidence in the Group's credit quality and the relevance of its development strategy. In particular, it will enable the Egis group to diversify its sources of funding and support its strong growth ambitions. The proceeds of the transaction will be used for the group's general medium-term financing needs to support Egis in implementing its growth plan until 2028 and pursuing its acquisition strategy.
Like the Sustainability-Linked Loan that Egis implemented with its banking partners in June, the structure of this financing is also linked to three Key Performance Indicators (KPIs) outlined in Egis' global sustainability-linked financing framework1. These KPIs have been rigorously validated by ISS, which has issued a Second Party Opinion2 confirming their alignment with the Loan Market Association (LMA) principles, as well as their materiality and strategic relevance to Egis' operations.
The key performance indicators focus on the reduction of greenhouse gas emissions, the share of eco-designed projects and the training of employees in project eco-design. These indicators not only underscore Egis' commitment to sustainable development, but also serve as a benchmark for measuring its contribution to a more resilient and environmentally friendly business model.
The Group was supported in this transaction by Crédit Agricole Corporate & Investment Bank and Société Générale, which acted as joint bookrunners. Natixis acted as ESG coordinator for the transaction.
[1] Egis Sustainability-Linked Financing Framework [LINK]
[2] ISS Second Party Opinion [LINK]
