RWE : redeems €539 million hybrid bond on first call date
Am 04. September 2020 um 10:19 Uhr
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RWE redeems €539 million hybrid bond on first call date
Essen, 04 September 2020
RWE will redeem a subordinated hybrid bond for €539 million on 21 October 2020, the earliest possible redemption date. The bond (ISIN XS1219498141) with a coupon of 2.75% was issued in April 2015. In 2017, RWE reduced the bond's initial nominal volume of €700 million to today's level by buying back the bonds. The bond conditions stipulate that RWE can exercise its right to call the bond for the first time five and a half years after its issue. The company is now exercising this option. There are no plans to refinance the bond by raising new hybrid capital.
Only two hybrid bonds issued by RWE are outstanding: one for €282 million and one for $317 million. The earliest they can be redeemed is April 2025 and March 2026, respectively.
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RWE AG published this content on 04 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 September 2020 08:19:02 UTC
RWE AG ist einer der größten Energieversorger in Europa Der Umsatz ist wie folgt auf die verschiedenen Geschäftsfelder verteilt:
- Handel und Vertrieb von Strom und Gas (83,3%): Strom (2022 wurden 193.930 GWh verkauft) und Gas (39.479 GWh);
- Produktion von erneuerbaren Energien (16,1%): Wind-, Solar-, Wasserkraft- und Biomasseproduktion (156.794 GWh produziert in 2022);
- Produktion von fossilen und nuklearen Energien (2,5%).
Geographisch gesehen verteilt sich der Umsatz wie folgt: Deutschland (27,9%), Vereinigtes Königreich (39,3%), Europa (29,3%), Nordamerika (2,1%) und sonstige (1,4%).