EnBW knocks €1bn hybrid out of the park with 3.75% yield

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EnBW knocks €1bn hybrid out of the park with 3.75% yield

Energie Baden-Wuerttemberg launched a corker of a hybrid capital issue on Tuesday, raising €1bn to bolster the subordinated layer of its capital structure at blisteringly tight pricing, thanks to perfect timing after a drought of issuance.

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