EDF Offers Green Bonds for Nuclear, Renewables Side-by-Side (1)

Electricite de France SA is seeking as much as €3 billion ($3.2 billion) from the sale of three green bonds — the first time it’s raised funds for nuclear power, renewables and energy transmission simultaneously.

The French state-owned energy company is offering benchmark-sized bonds due in seven, twelve and 20 years, according to a person familiar with the matter who asked not to be identified because the details aren’t public. Overall investor demand for the deal has reached more than €8.9 billion, with the nuclear and renewable bonds receiving €2.7 billion each and the spreads on all three tranches tightening ...