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14.05.2024 10:15:30 - dpa-AFX: EQS-News: Amprion successfully issues a green bond for EUR1 billion (english)
Amprion successfully issues a green bond for EUR1 billion
EQS-News: Amprion GmbH / Key word(s): Issue of Debt/Bond
Amprion successfully issues a green bond for EUR1 billion
14.05.2024 / 10:15 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Dortmund, Tuesday, 14 May 2024
Amprion successfully issues a green bond for EUR1 billion
Transmission system operator Amprion GmbH ("Amprion") has once again
successfully placed a green dual-tranche bond with a total nominal value of
EUR1 billion on the international capital market. The green dual-tranche bond
was issued under Amprion's EUR9 billion debt issuance programme. The order
book was several times oversubscribed.
Amprion's regular green bond issuances have established it as a frequent
issuer on the international bond market. The transmission system operator is
focusing on green bonds in particular to finance the necessary investments
in the upgrade and expansion of a climate-neutral German electricity
transmission grid.
The green bond was issued in two tranches and is listed on the Euro MTF of
the Luxembourg Stock Exchange:
Peter Rüth, CFO of Amprion, said in summary: "We are very pleased with the
transaction, which reflects investor confidence in Amprion and our strategy.
It is another important foundation stone for our ambitious growth and the
investments aimed at implementing the energy transition in Germany. The
recently-affirmed solid investment grade ratings underpin our position as a
regular and reliable issuer on the international capital market. We are very
well positioned here."
Proceeds to be used as set out in the Green Finance Framework
The proceeds will be used exclusively for sustainable projects that meet the
criteria of Amprion's Green Finance Framework.
The Framework was developed in accordance with the international Green Bond
Principles and validated by renowned ESG rating agency Sustainalytics by way
of a second-party opinion.
Solid investment grade ratings
The two rating agencies Moody's and Fitch rate Amprion as Baa1 and BBB+,
respectively, in each case with a stable outlook.
Moody's has assigned the newly issued green dual-tranche bond a Baa1 rating.
The transaction was supported by Bayerische Landesbank, Commerzbank, DZ BANK
AG, ING, Landesbank Hessen-Thüringen, Landesbank Baden-Württemberg, SEB and
UniCredit as joint lead managers.
Contact for investors and analysts:
Patrick Wang
Head of Investor Relations
T +49 231 5849-12297
ir@amprion.net
www.amprion.net
Press contact:
Joana Niggemann
Press Officer
T +49 231 5849-12925
joana.niggemann@amprion.net
www.amprion.net
Amprion connects
Amprion GmbH is one of four transmission system operators in Germany. Our
11,000-kilometre extra-high voltage grid transports electricity across an
area that extends from the North Sea to the Alps. Around a third of
Germany's economic output is generated in this region. Our power lines are
lifelines of society: they secure jobs and quality of life for 29 million
people. We keep the grid stable and safe - and are paving the way for a
climate-neutral energy system by expanding our network. Around 2,700
employees in Dortmund and at more than 30 other sites help make sure the
lights never go out. We also perform overarching operations for integrated
grid systems in Germany and Europe.
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14.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
---------------------------------------------------------------------------
End of News EQS News Service
---------------------------------------------------------------------------
1902631 14.05.2024 CET/CEST
EQS-News: Amprion GmbH / Key word(s): Issue of Debt/Bond
Amprion successfully issues a green bond for EUR1 billion
14.05.2024 / 10:15 CET/CEST
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Dortmund, Tuesday, 14 May 2024
Amprion successfully issues a green bond for EUR1 billion
Transmission system operator Amprion GmbH ("Amprion") has once again
successfully placed a green dual-tranche bond with a total nominal value of
EUR1 billion on the international capital market. The green dual-tranche bond
was issued under Amprion's EUR9 billion debt issuance programme. The order
book was several times oversubscribed.
Amprion's regular green bond issuances have established it as a frequent
issuer on the international bond market. The transmission system operator is
focusing on green bonds in particular to finance the necessary investments
in the upgrade and expansion of a climate-neutral German electricity
transmission grid.
The green bond was issued in two tranches and is listed on the Euro MTF of
the Luxembourg Stock Exchange:
* The first tranche in the amount of EUR500 million has a maturity of 7
years and carries a coupon of 3.625% p.a.
* The second tranche in the amount of EUR500 million has a maturity of 20
years and carries a coupon of 4.000% p.a.
Peter Rüth, CFO of Amprion, said in summary: "We are very pleased with the
transaction, which reflects investor confidence in Amprion and our strategy.
It is another important foundation stone for our ambitious growth and the
investments aimed at implementing the energy transition in Germany. The
recently-affirmed solid investment grade ratings underpin our position as a
regular and reliable issuer on the international capital market. We are very
well positioned here."
Proceeds to be used as set out in the Green Finance Framework
The proceeds will be used exclusively for sustainable projects that meet the
criteria of Amprion's Green Finance Framework.
The Framework was developed in accordance with the international Green Bond
Principles and validated by renowned ESG rating agency Sustainalytics by way
of a second-party opinion.
Solid investment grade ratings
The two rating agencies Moody's and Fitch rate Amprion as Baa1 and BBB+,
respectively, in each case with a stable outlook.
Moody's has assigned the newly issued green dual-tranche bond a Baa1 rating.
The transaction was supported by Bayerische Landesbank, Commerzbank, DZ BANK
AG, ING, Landesbank Hessen-Thüringen, Landesbank Baden-Württemberg, SEB and
UniCredit as joint lead managers.
Contact for investors and analysts:
Patrick Wang
Head of Investor Relations
T +49 231 5849-12297
ir@amprion.net
www.amprion.net
Press contact:
Joana Niggemann
Press Officer
T +49 231 5849-12925
joana.niggemann@amprion.net
www.amprion.net
Amprion connects
Amprion GmbH is one of four transmission system operators in Germany. Our
11,000-kilometre extra-high voltage grid transports electricity across an
area that extends from the North Sea to the Alps. Around a third of
Germany's economic output is generated in this region. Our power lines are
lifelines of society: they secure jobs and quality of life for 29 million
people. We keep the grid stable and safe - and are paving the way for a
climate-neutral energy system by expanding our network. Around 2,700
employees in Dortmund and at more than 30 other sites help make sure the
lights never go out. We also perform overarching operations for integrated
grid systems in Germany and Europe.
---------------------------------------------------------------------------
14.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
---------------------------------------------------------------------------
Language: English
Company: Amprion GmbH
Rober-Schumann-Straße 7
44263 Dortmund
Germany
E-mail: capitalmarkets@amprion.net
Internet: www.amprion.net
ISIN: DE000A3JN9U5
Listed: Luxembourg Stock Exchange (Euro MTF)
EQS News ID: 1902631
End of News EQS News Service
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1902631 14.05.2024 CET/CEST
