Today, Aedifica successfully priced a Sustainability Bond totalling €500 million. Issued under Aedifica’s recently updated Sustainable Finance Framework 2026, the bond has a tenor of 6.5 years and pays a fixed coupon of 4.50% per annum. Strong investor demand for Aedifica was evidenced by an orderbook of approx. €3 billion, covering the deal size 6 times.
The net proceeds of the bond will be used to refinance eligible assets that simultaneously qualify as both ‘green’ and ‘social’ under the Sustainable Finance Framework. Moody's France provided a Second Party Opinion on the Sustainable Finance Framework's alignment with relevant international standards, including the ICMA 2025 Green- and Social Bond Principles and the LMA/APLMA/LSTA 2025 Green and Social Loan Principles, awarding the framework an SQS2 (very good) rating.
Following settlement and admission to trading, scheduled for 17 November 2026, the bond will be listed on the Euronext Growth Brussels multilateral trading facility.
The issuance follows Moody’s recent assignment of a first-time A3 issuer rating to Aedifica (stable outlook), highlighting the Group’s solid operating fundamentals, disciplined financial policy and strong liquidity profile.
“We welcome the strong investor demand for our Sustainability Bond. This demonstrates the market’s confidence in the solid fundamentals of healthcare real estate, as well as in Aedifica’s strategy and its ESG commitments. Furthermore, this issuance strengthens the Group’s liquidity position and extends the average debt maturity.”
Ingrid Daerden, CFO of Aedifica
ING and Société Générale acted as Global Coordinators on this transaction. ABN AMRO, Belfius Bank, BNP Paribas Fortis, Intesa San Paolo and KBC Bank joined the Global Coordinators as Active Bookrunners.
