Covivio successfully places €500 million of 7-year European Green Bonds 

A bond issue at a 2.8% cost  

The spread of the issuance is 105 basis points at 7 years. The investor coupon amounts to 4.1%. Thanks to Covivio’s strong hedging position, the average effective rate of the issuance is 2.8%. 

This transaction will strengthen the Group’s balance sheet, enabling to:

• Reinforcing the Group’s debt maturity profile, with an average debt maturity increased to 4.9 years from 4.6 years at end-June 2026  
• Further reinforce the Group’s liquidity (€2bn); 
• Maintain diversification of funding sources; 
• Confirm an attractive average cost of debt, expected to be below 2.5% until the end of 2029. 

For the record, in April 2026 Standard & Poor’s confirmed Covivio’s financial rating at BBB+, stable outlook, particularly praising the strength of the Group’s diversified business model, robust operating performance and prudent financial policy.  

Application will be made for these bonds to be admitted to trading on Euronext Paris. The final documentation relating to this bond issuance will be available on the websites of the Autorité des Marchés Financiers and Covivio. Settlement and delivery of the bonds and their admission to trading on Euronext Paris are expected to take place on 29 July 2026. 

This press release and the information contained herein do not constitute an offer to sell or the solicitation of an order to buy or subscribe for the Bonds in any jurisdiction, particularly in the United States. Nor does it constitute an offer to repurchase or an invitation to sell the bonds or an invitation to participate in the offer. The distribution of this press release may be subject to specific regulations in certain countries and persons in possession of this press release should inform themselves about and observe any applicable restrictions.