EnBW successfully issues Swiss franc bonds
Karlsruhe. EnBW Energie Baden-Württemberg AG has today issued two bonds with a total volume of CHF 350 million via its subsidiary EnBW International Finance B.V. The bond with a term of 5 years has a volume of CHF 170 million. The term of the bond with a volume of 180 million Swiss francs is 9 years. The issue date for both bonds will be 11 March 2025. Repayment will take place on 11 March 2030 and 10 March 2034, respectively. The bonds carry a coupon of 1.14 and 1.5074 percent, respectively.
As one of the largest integrated energy company in Germany and Europe, EnBW is driving forward the expansion of the energy infrastructure of the future in all business areas along the energy industry value chain at the same time. This results in a substantial need for investment. EnBW's current financing volume averages between 2.5 and 3 billion euros per year. In 2024, EnBW had already pre-financed over 2 billion euros for financial year 2025
Information on the bonds at a glance
Issue size
|
CHF 170 million
|
CHF 180 million
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Issue size
Duration
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CHF 170 million
5 years
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CHF 180 million
9 years
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Issue size
Coupon
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CHF 170 million
1,14 %
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CHF 180 million
1,5074 %
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Issue size
Issue price
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CHF 170 million
100 %
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CHF 180 million
100 %
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Issue size
Issuer
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CHF 170 million
EnBW International Finance B.V.
|
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Issue size
Guarantor
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CHF 170 million
EnBW Energie Baden-Württemberg AG
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|
Issue size
Issue ratings
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CHF 170 million
A- (S&P), Baa1 (Moody’s)
|
|
Issue size
Denomination
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CHF 170 million
CHF 5,000.00
|
|
Issue size
Maturity
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CHF 170 million
11 March 2030
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CHF 180 million
10 March 2034
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Issue size
First coupon date
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CHF 170 million
11 March 2026
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CHF 180 million
10 March 2026
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Issue size
Lead Managers
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CHF 170 million
Deutsche Bank AG, Commerzbank AG
|
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Issue size
Exchange
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CHF 170 million
SIX Swiss Exchange
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