Deals
Darrois Villey Maillot Brochier advises Valeo on its €500 million new green bond issuance
Paris, September 24, 2025
Darrois Villey Maillot Brochier has advised its client Valeo SE on its new green bond issuance for a total amount of €500 million, with a 6.5-year maturity and a 4.625% coupon.
The green bonds, which are admitted to trading on the regulated market of Euronext Paris, have been issued under Valeo’s Base Prospectus dated July 31st, 2025 and in accordance with Valeo’s Green and Sustainability-Linked Financing Framework established in July 2021 and updated in September 2023.
The net proceeds of the issuance will be used to finance projects and investments linked to the portfolio of technologies that contribute to low-carbon mobility, in particular vehicle electrification. Furthermore, Valeo plans to exercise the Residual Maturity Call Option on the outstanding €600 million (1.625%) bonds due March 18, 2026 with expected call date to occur on December 18, 2025.
The Darrois Villey Maillot Brochier team was composed of Laurent Gautier (partner), Isabelle Touré-Farah (counsel) and Charles Seveyras (associate) in capital markets. Loïc Védie (partner) and Bryan Costa (associate) advised on tax aspects.
The bank syndicate, composed of BNP Paribas, CaixaBank, Citigroup Global Markets Europe AG, Crédit Agricole CIB, MUFG Securities (Europe) N.V. and Société Générale, was advised by Clifford Chance.