Air Liquide launches EUR 2 billion multi-tranche bond offering

PUBT · 1d ago
Air Liquide launches EUR 2 billion multi-tranche bond offering
  • Air Liquide priced a multi-tranche bond issue totaling EUR 2 billion under its EMTN program.
  • Deal split into EUR 400 million 2-year floating-rate bonds, EUR 750 million 5-year fixed-rate bonds, EUR 850 million 10-year fixed-rate bonds.
  • Floating-rate tranche pays 3-month Euribor + 0.35%; fixed-rate tranches carry 4% and 4.5% coupons.
  • Settlement set for Oct. 13, 2026; proceeds earmarked for general corporate purposes, debt refinancing.
  • Issue guaranteed by Air Liquide; rated A by S&P and Scope, A2 by Moody’s.


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