Neoen Announces Early Redemption Option for 2027 Green Bonds

Paris-based Neoen has announced a put event notice for its green bonds, known as OCEANE Verte, due 2027. The bonds, listed on Euronext Access Paris, have a nominal value of €300,000,000. This follows a change in control after Brookfield Renewable Holdings SAS acquired 53.12% of Neoen's outstanding shares on 27 December 2024.

Bondholders can exercise their put option for early redemption between 24 January and 28 February 2025. The redemption price per bond is €101,381.90, including accrued interest. The set date for redemption is 7 March 2025. Neoen emphasizes that any late notices past the February deadline are invalid, confirming €300 million remains outstanding.