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Published on 6/14/2019 in the Prospect News Green Finance Daily.

New Issue: European Energy to issue €140 million of floating green bonds due 2023

By Devika Patel

Knoxville, Tenn., June 14 – European Energy A/S priced €140 million of senior secured callable floating rate green bonds due 2023, according to a press release.

The coupon will be equal to Euribor plus 535 basis points.

Proceeds will be used to repay bonds and finance or refinance eligible assets and projects.

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

Issuer:European Energy A/S
Securities:Senior secured callable floating rate green bonds
Amount:€140 million
Maturity:2023
Coupon:Euribor plus 535 bps
Pricing date:June 14

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