Hybrid Bonds issues

In January 2025 the inaugural unsecured, non convertible, perpetual hybrid bond was issued with a size of €500 Million. The issuance was executed on a stand-alone basis (outside the EMTN Programme) and a rating of "BB+" by Standard and Poor's and "BB+" by Fitch was assigned to the notes. Hybrid bonds are listed on the regulated market of the Irish Stock Exchange (Euronext Dublin).

 

The hybrid bonds of the IREN Group are listed below:

Hybrid Bond

Hybrid Bond

TOTAL

ISIN

XS2977890313

Outstanding
ammount (€)

500,000,000

500,000,000

Annual coupon (%)

4.5%
(until the First Reset Date)

Issue date

23/01/2025

Maturity date

perpetual

Issue price (%)

99.448%

Annual Re-offer Yield

4.625%

Rating FItch/S&P

BB+/BB+

Press release

PDF

Prospectus

PDF

Annex

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