By Mary-Katherine Stinson
Lexington, Ky., Jan. 13 – E.ON SE sold €1.8 billion of notes (Baa2/BBB/A-) in two parts, including one tranche of green notes, according to a stabilization notice.
E.ON sold €800 million 3.5% notes due Jan. 12, 2028 and €1 billion 3.875% green notes due Jan. 12, 2035.
The green notes priced at 99.285 to yield 3.951%. They are callable three months before their maturity date at par.
Commerzbank AG, J.P. Morgan SE, Morgan Stanley Europe SE and MUFG Securities (Europe) NV are the bookrunners.
Proceeds will be used for green projects.
The notes will be listed on the Luxembourg Stock Exchange.
The electric utility company is based in Essen, Germany.
| Issuer: | E.ON SE
|
| Amount: | €1.8 billion
|
| Issue: | Notes
|
| Bookrunners: | Commerzbank AG, J.P. Morgan SE, Morgan Stanley Europe SE, MUFG Securities (Europe) NV (active), Bayerische Landesbank, Landesbank Hessen-Thuringen Girozentrale
|
| Trustee: | Deutsche Bank AG as fiscal agent
|
| Trade date: | Jan. 10
|
| Settlement date: | Jan. 12
|
| Ratings: | Moody’s: Baa2
|
| S&P: BBB
|
| Fitch: A-
|
|
|
| 2028 notes
|
| Amount: | €800 million
|
| Issue: | Notes
|
| Maturity: | Jan. 12, 2028
|
| Coupon: | 3.5%
|
| ISIN: | XS2574873266
|
|
|
| 2035 notes
|
| Amount: | €1 billion
|
| Issue: | Green notes
|
| Maturity: | Jan. 12, 2035
|
| Coupon: | 3.875%
|
| Price: | 99.285
|
| Yield: | 3.951%
|
| Call features: | At par starting Oct. 12, 2034
|
| Change of control: | At par
|
| ISIN: | XS2574873183
|
|
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