European Energy €140 million 5.35% green bond issue

8/7/2019
Investment grade bond/note issue, Green bond issue

€ 140 million

$ 157.003 million

Completed

8/7/2019


Overview:

  • Danish energy services firm European Energy has issued a €140 million green bond.
  • The notes have a coupon of 5.35% and mature in 2023.
  • The bond is the first Danish green corporate bond listed on Nasdaq Copenhagen's green bond segment. 
  • Part of the proceeds will fund new green projects, while the remaining proceeds will be used for an early redemption of the company's outstanding 2021 bonds.

Prin Shasiharan - Researcher

Jurisdiction:

Denmark

Deal types:

Investment grade bond/note issue
Green bond issue

Practice area:

Capital markets : Debt

Industry sector:

Energy


Firm: