on OVH (EPA:OVH)
OVHcloud Successfully Refinances with Inaugural Bond Issue and Green Loan
OVHcloud, a leading European cloud solutions provider, has announced the success of its refinancing efforts. The company has diversified its funding sources, with its main debt portfolio now comprising a €500 million bond, a €450 million Green Loan, a €200 million undrawn credit facility, and a €200 million loan from the European Investment Bank.
The €500 million bond, issued at a fixed rate of 4.75%, will mature in 2031, facilitating the repayment of a previous €470 million loan and strengthening OVHcloud's financial foundation. Additionally, OVHcloud has pioneered a Green Loan aligned with EU Taxonomy, emphasizing its commitment to sustainability.
OVHcloud has also integrated a potential transition to a "Sustainability Linked Loan" in its credit facility, highlighting its dedication to ESG principles. CFO Stéphanie Besnier expressed satisfaction with these financial strategies, reinforcing confidence in OVHcloud's business model.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all OVH news