Philips prices EUR 650 million EU green bond offering

• Philips priced a EUR 650 million EU green bond via fixed-rate notes due 2034 under its EMTN program.
• Issue price set at 99.66% with a 4% coupon, implying a 4.06% yield.
• Deal drew 2.7 times subscription for the 7.8-year tranche.
• Proceeds earmarked for taxonomy-aligned activities; net debt expected unchanged pending repayment of a May 2027 maturity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Royal Philips NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608241704PRIMZONEFULLFEED1001259146) on August 24, 2026, and is solely responsible for the information contained therein.