checkAd

    EQS-News  109  0 Kommentare VERBUND successfully places new EUR 500 million Green Bond including biodiversity

    Für Sie zusammengefasst
    • VERBUND issued EUR 500 million Green Bond with biodiversity focus.
    • Bond oversubscribed 6 times, interest rate set at 3.250%.
    • Proceeds to finance Salzburg high-voltage line and biodiversity projects.

    EQS-News: VERBUND AG / Key word(s): Bond/Issue of Debt
    VERBUND successfully places new EUR 500 million Green Bond including biodiversity

    21.05.2024 / 11:00 CET/CEST
    The issuer is solely responsible for the content of this announcement.


    VERBUND AG, Austria's leading utility company, has taken another step in its long-standing green finance strategy and successfully issued a green bond including biodiversity. The green bond including biodiversity for EUR 500 million with a term of 7 years was extremely well received by the investor community in a competitive environment and was therefore oversubscribed more than 6 times at the peak. The high demand made it possible to set the interest rate at an attractive level of 3.250%.

    Anzeige 
    Handeln Sie Ihre Einschätzung zu Verbund - Österreichische Elektrizitätswirtschafts-AG!
    Long
    68,72€
    Basispreis
    0,88
    Ask
    × 8,73
    Hebel
    Short
    85,94€
    Basispreis
    0,97
    Ask
    × 7,84
    Hebel
    Präsentiert von

    Den Basisprospekt sowie die Endgültigen Bedingungen und die Basisinformationsblätter erhalten Sie bei Klick auf das Disclaimer Dokument. Beachten Sie auch die weiteren Hinweise zu dieser Werbung.

    VERBUND intends to use the net proceeds from the issuance of the bond for green projects that are in line with the VERBUND Green Financing Framework, updated in May 2024. The green financing framework was examined by the internationally renowned sustainability rating agency ISS ESG and provided with a second party opinion (available at www.iss.esg.com), which confirms compliance with the EU taxonomy (from November 2022), the Green Bond Principles 2021 (with appendix from June 2022) and the EU Green Bond Standards.

    VERBUND intends to use up to 90% of the proceeds from the bond to finance the construction of the 380 kV Salzburg high-voltage line (Salzburg line). The Salzburg line is a key section of the 380 kV high-voltage ring in Austria, which forms the basis of the country’s electricity supply and is therefore of great importance for regional, national and European supply security. With the Salzburg line, which leads to a significant increase in the east-west transport capacity within Austria, the renewable energies generated in eastern Austria can be transported to the pumped storage power plants in western Austria. In this way, the management contributes to the implementation of the Austrian energy strategy and to achieving the Austrian climate protection goals.

    Seite 1 von 3


    Diskutieren Sie über die enthaltenen Werte


    EQS Group AG
    0 Follower
    Autor folgen

    Verfasst von EQS Group AG
    EQS-News VERBUND successfully places new EUR 500 million Green Bond including biodiversity EQS-News: VERBUND AG / Key word(s): Bond/Issue of Debt VERBUND successfully places new EUR 500 million Green Bond including biodiversity 21.05.2024 / 11:00 CET/CEST The issuer is solely responsible for the content of this announcement. VERBUND AG, …

    Schreibe Deinen Kommentar

    Disclaimer