ENXTPA:RNOAuto
Fresh Green Bonds Could Be A Game Changer For Renault’s EV Push (ENXTPA:RNO)
Earlier this month, Renault SA and its finance arm Mobilize Financial Services completed separate Eurobond issues totaling about €1.50 billion, including a €750 million 4.125% corporate bond due 2031 and a €750 million 4.00% green bond maturing in August 2031 to fund battery electric vehicles and charging infrastructure.
The successful green bond placement highlights how credit markets are backing Renault’s electrification plans, potentially reinforcing its funding capacity for zero‑emission...