PARIS: Renault Group announced Tuesday the successful placement of its first-ever green bond issuance, raising €850 million with a maturity date of Sept. 30, 2030, and a coupon of 3.875%.
The offering was significantly oversubscribed, signaling strong investor confidence in the automaker’s strategic transformation under its Renaulution plan. Proceeds from the bonds will be allocated to finance and refinance eligible projects aligned with Renault Group’s Sustainable Bond Framework.
Issued under the company’s Base Prospectus dated May 7, 2025, and supplemented on Sept. 3, 2025, the green bonds reflect Renault’s commitment to achieving net zero carbon emissions in Europe by 2040 and globally by 2050. The framework and second-party opinion are available on the company’s website.
Renault Group said the funds will support initiatives targeting emissions reductions across vehicle usage, component production—including materials, batteries, and logistics—and manufacturing operations.