EDF is buying back €501.3M and £628.7M in notes, with results due Oct. 7, 2025, to fund France’s nuclear reactor extensions.

EDF has launched a tender offer to buy back €501.3 million in euro reset perpetual subordinated notes and £628.7 million in similar pound-denominated notes, with first redemption dates in January 2026. Results are expected by October 7, 2025. Proceeds from new green perpetual subordinated notes, to be issued under its EMTN program, will support France’s nuclear reactor lifetime extensions. The move is part of EDF’s broader financing strategy, subject to market conditions and regulatory review.