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Press release

Finance 29 June 2016

Edenred successfully issues a €250 million Schuldschein loan

The transaction enables the Group to optimize and diversify its sources of financing

Financial information

Today, Edenred successfully completed the issue of a Schuldschein loan – a German form of private placement – consisting of 5- and 7-year tranches with fixed- and floating-rate coupons, with an average maturity of 6.1 years.

The issue was significantly oversubscribed and was therefore increased from the launch amount of €125 million to €250 million in order to meet investor demand. 

At an average financing cost of approximately 1.2%, the financing was raised in particularly favorable conditions, allowing the Group to reduce its average cost of debt and extend the average maturity. It also helps to diversify Edenred's sources of financing and expand its investor base. 

Patrick Bataillard, Edenred’s Executive Vice President, Finance, commented: “The success of the issue and the high level of demand show how much confidence investors place in the solid nature of our business model and the strength of our balance sheet. The issue enables us to secure our next loan repayment and extend the maturity of our debt, while the particularly attractive terms of the transaction resulted in a reduction of our average cost of debt. The operation also gives us the opportunity to diversify our sources of financing and the profile of our investors.” 

The issue was arranged by Bayerische Landesbank and Commerzbank AG. 


Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting more than 52 million users and 2 million partner merchants in 45 countries via close to 1 million corporate clients.

Edenred offers specific-purpose payment solutions for food (such as meal benefits), incentives (such as gift cards, employee engagement platforms), mobility (such as multi-energy, maintenance, toll, parking and commuter solutions) and corporate payments (such as virtual cards). 

True to the Group’s purpose, “Enrich connections. For good.”, these solutions enhance users’ well-being and purchasing power. They improve companies’ attractiveness and efficiency, and vitalize the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products and softer mobility.

Edenred’s 10,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day. 
In 2022, thanks to its global technology assets, the Group managed some €38 billion in business volume, primarily carried out via mobile applications, online platforms and cards.

Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40 ESG, CAC Next 20, CAC Large 60, Euronext 100, FTSE4Good and MSCI Europe.

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