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| IR Press Release

EnBW successfully issues Swiss franc bonds

Total volume of CHF 350 million
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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
Issue size
Duration
CHF 170 million
5 years
CHF 180 million
9 years
Issue size
Coupon
CHF 170 million
1,14 %
CHF 180 million
1,5074 %
Issue size
Issue price
CHF 170 million
100 %
CHF 180 million
100 %
Issue size
Issuer
CHF 170 million
EnBW International Finance B.V.
Issue size
Guarantor
CHF 170 million
EnBW Energie Baden-Württemberg AG
Issue size
Issue ratings
CHF 170 million
A- (S&P), Baa1 (Moody’s)
Issue size
Denomination
CHF 170 million
CHF 5,000.00
Issue size
Maturity
CHF 170 million
11 March 2030
CHF 180 million
10 March 2034
Issue size
First coupon date
CHF 170 million
11 March 2026
CHF 180 million
10 March 2026
Issue size
Lead Managers
CHF 170 million
Deutsche Bank AG, Commerzbank AG
Issue size
Exchange
CHF 170 million
SIX Swiss Exchange
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