E.ON successfully kick-starts the new year by issuing a €600 million corporate bond

01/12/2021

  • The positive market sentiment was used to cover early a considerable part of 2021 funding needs
  • The proceeds are mainly intended to refinance an upcoming bond maturity in April

Today, E.ON issued a bond with a volume of €600 million maturing in December 2028. The proceeds of the bond issuance are intended to be used for general corporate purposes, including the refinancing of an upcoming bond maturity in April.

With significantly lower funding needs compared to last year, having raised €600 million early on in the year, E.ON has been able to address a sizeable part of its expected 2021 funding needs and thereby continues to apply a prudent liquidity risk management.

The transaction was executed by an international bank consortium. Commerzbank, ING, Morgan Stanley and MUFG served as active bookrunners.

This press release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group Management and other information currently available to E.ON. Various known and unknown risks, uncertainties, and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. E.ON SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to align them to future events or developments.