E.On, Red Electrica power up green bonds

Europe Dawn Fotolia 230x150
By Mike Turner
09 Jan 2020

Green corporate bond investors had plenty to sink their teeth into on Thursday, with electric utlities E.On bringing three tranches and Red Electrica making its debut in the format.

"It's been a busy window," said a banker who worked on one of the trades on Thursday. "Europe was out at the start of the week. Green is very topical, so no surprise [to see] plenty of action there."

Germany's E.On brought the bigger trade. The Baa2/BBB rated name ...

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