Infrax launches successful first institutional bond issue on NYSE Euronext


Brussels, 30 October 2013 – NYSE Euronext (NYX) today announced a successful € 250 million institutional bond offering on Euronext Brussels by Infrax, the Belgium-based multi-utility network systems operating Group.

Infrax is the sole Flemish multi-utility network systems operating Group bundling and integrating the operational activities of 5 inter-municipalities being Infrax West, Infrax Limburg, Iveg, PBE and Riobra. Infrax services a territory of 126 municipalities both in the Flemish (122) and Walloon (4) region. Infrax is 100% publicly owned (126 municipalities and 4 provinces).

The bonds issued by Infrax on 10 years have a maturity date in 2023. Investors can expect a coupon of 3.75% (mid-swap rate plus 170 basis points).

"We are particularly pleased that this issue, which is the first for our company, as has been successful," said Paul De fauw, CEO of Infrax. "Our financial transparency and strength generates substantial confidence among international investors. In this way we also diversify our funding sources. "

We are delighted with the success of Infrax’s bond offering on NYSE Euronext”, said Vincent Van Dessel, Chairman and CEO of NYSE Euronext Brussels. “Bonds offer businesses an attractive source of additional funding that are both flexible and efficient, we are convinced that the bond offering encourages investors to continue investing in the market.

Alain Baetens, Head of Listings Belgium at NYSE Euronext, adds: “Our goal at NYSE Euronext is to channel domestic savings back into productive investment and allow the stock exchange to steadily increase its contribution to financing the real economy. Bonds are a complementary source of finance for issuers seeking to optimize their funding base and reach out to a new range of investors. We are very delighted that more and more non listed companies understand the benefits of listing on Euronext Brussels

Belfius and BNP Paribas Fortis acted as Joint Lead Managers for this bond issue.

To celebrate the new listing, Paul De fauw, CEO of Infrax, rang the bell to open trading on NYSE Euronext’s European market this morning. He was accompanied by his management team while Vincent Van Dessel, Chairman and CEO of NYSE Euronext Brussels, and Alain Baetens, Head of Listings of NYSE Euronext Brussels represented the stock exchange.

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With more than 1,900 listed issuers and around €6.5 trillion in market capitalisation as of end June 2023, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter ( and LinkedIn (

This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at

© 2023, Euronext N.V. - All rights reserved.