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Published on 6/13/2023 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

EDF reports conversion of last remaining Oceanes due 2024

By Wendy Van Sickle

Columbus, Ohio, June 13 – EDF SA announced that the French state has requested the conversion into shares of the last 80,298 of outstanding Oceanes due 2024 (ISIN FR0013534518).

The conversion results in the issuance of 103,504 new shares at a conversion/exchange ratio of 1.289 share per Oceane, according to a press release.

Based in Paris, EDF is an integrated energy company active in generation, transmission, distribution, energy trading, energy sales and energy services.


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