Ørsted successfully issues EUR green hybrid capital securities
Ørsted A/S (Orsted)
29.11.2022 17:41:48 CET | Ørsted A/S | Investor News NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (THE UNITED STATES), OR TO ANY US PERSON (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933), OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. Today, Ørsted A/S (‘Ørsted’) has priced EUR 500 million of subordinated green hybrid capital securities with final maturity on 8 December 3022 and first interest reset date in 2028 (NC6). Settlement date of the new issue will be on 8 December 2022. The purpose of the new issue is to refinance the outstanding EUR 349,978,000 of Ørsted’s 6.25 % hybrid capital securities issued in 2013, which is callable at par on the first interest reset date, 26 June 2023, and to proactively manage Ørsted’s hybrid capital portfolio. Today, Ørsted has also invited holders of these securities to tender their holdings for purchase by Ørsted – see separate company announcement relating to the Tender Offer. Key details of the new EUR 500 million subordinated green hybrid capital securities:
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AttachmentsNews Source: Ritzau |
ISIN: | DK0060094928 |
Category Code: | IOD |
TIDM: | Orsted |
Sequence No.: | 204941 |
EQS News ID: | 1501027 |
End of Announcement | EQS News Service |
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