• Veolia launched a EUR 400 million offering of synthetic convertible bonds, cash-settled and non-dilutive, due Jan. 2, 2032.
• Coupon guided at 0.5%-0.75%, paid semiannually; bonds expected to be issued at par on June 29.
• Initial conversion price set at a 20% premium to a five-day VWAP reference price to be fixed June 30.
• Proceeds earmarked for general corporate purposes, including buying cash-settled call options to hedge conversion exposure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Veolia Environnement SA published the original content used to generate this news brief on June 23, 2026, and is solely responsible for the information contained therein.