EnBW follows green hybrid with sustainability loan

EnBW HQ Karlsruhe landscape for new website
By Mike Turner
25 Jun 2020

Energie Baden-Württemberg, the German electricity company, has signed a new €1.5bn sustainability-linked revolving credit facility, marking the end of a busy week for the company in raising environmentally conscious debt.

The new revolver, which replaces a conventional facility, has a five year maturity with two one year extension options. It can be increased by €500m.

The loan comes after EnBW printed €500m of green hybrid capital bonds on Monday that are callable in six years: a rare example of ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial