More
    HomeTOPICSFinancingE.ON successfully issues 1.5 billion Euro of green bonds to prefund for...

    E.ON successfully issues 1.5 billion Euro of green bonds to prefund for 2024

    Published on

    spot_img

    E.ON successfully issued two bond tranches with a combined volume of 1.5 billion Euro backed by a combined peak orderbook of 4.3 billion Euro: 750 million Euro green bond maturing in March 2029 with coupon of 3.75%, 750 million Euro green bond maturing in August 2033 with coupon of 4.00%.

    E.ON CFO Marc Spieker said, “The high demand from investors underlines again that we are on the right track with our strategy, which is focused on sustainability, digitalization and growth. E.ON is determined to drive forward the energy transition in Europe. We want to invest a total of 33 billion Euro in the energy transition by 2027. Green bonds are an important financing instrument to do this, and we will continue to use them for our financing in the future.”

    The attractive market environment allowed E.ON to significantly prefund the financing needs for the upcoming fiscal year 2024, while 2023 funding needs were already covered successfully by a 1.8 billion Euro bond issuance in January.

    The proceeds of the green bonds will be used to finance and/or refinance Eligible Green Projects as defined in E.ON’s Green Bond Framework.

    Bank of America Securities, Deutsche Bank, Natwest Markets and Unicredit served as active bookrunners in the transaction.

    Latest articles

    Dentons advises Hartmann Packaging on the acquisition of Dentaş Romania

    Global law firm Dentons has advised Hartmann Packaging A/S, a leading manufacturer of molded...

    E.ON Energie România donated 1,000,000 kWh of energy in the “Give Light” campaign, Easter 2025 edition

    The "Give Light" campaign, carried out with the support of E.ON Energie România between...

    Schneider Electric joins EPRI’s DCFlex initiative to enhance data center energy efficiency

    Schneider Electric announced that it is joining the EPRI’s DCFlex initiative to explore how...

    The Romanian-American University and Envisia – Business School launch the first board member professionalization program accredited by the Ministry of Education

    The Romanian-American University and Envisia – Business School form a partnership and announce a...

    More like this

    Dentons advises Hartmann Packaging on the acquisition of Dentaş Romania

    Global law firm Dentons has advised Hartmann Packaging A/S, a leading manufacturer of molded...

    E.ON Energie România donated 1,000,000 kWh of energy in the “Give Light” campaign, Easter 2025 edition

    The "Give Light" campaign, carried out with the support of E.ON Energie România between...

    Schneider Electric joins EPRI’s DCFlex initiative to enhance data center energy efficiency

    Schneider Electric announced that it is joining the EPRI’s DCFlex initiative to explore how...