European Energy redemption notice for 2023 bonds now unconditional

Chicago, Sept. 16 – European Energy A/S confirmed that it has fulfilled the conditions of early redemption for all of its outstanding senior secured green bonds due 2023 in connection with the completion of the issuance of new euro-denominated senior green bonds, according to a press release.

The company had earlier announced the conditional early redemption of its €200 million senior secured callable floating-rate green bonds (ISIN: DK0030448238).

That notice has become unconditional, and the company will now redeem all of the outstanding bonds at 102.68 on Sept. 22. Accrued interest will also be paid.

The redemption will buy back the bonds that remain after the recent tender offer for the same series where €160.1 million of the bonds were tendered, as previously reported.

The Soborg, Denmark, company builds solar and wind farms and energy storage facilities.

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