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Ørsted issues green bonds totaling EUR 2bn

The Danish utility has issued three tranches of unsecured bonds.

Photo: Ørsted / PR

Danish utility Ørsted has issued green bonds to the tune of nearly EUR 2bn after securing investor commitments for nominal EUR 900m and GBP 900m, according to a press release.

The Danish utility has issued three tranches of unsecured bonds.

The biggest tranche runs to EUR 900m with a fixed coupon rate of 3.25% until maturity in 2031.

The second tranche adds up to GBP 757m with a fixed coupon rate of 5.375% until maturity in 2042.

The last tranche comes to GBP 375m with a fixed coupon rate of 5.375% until maturity in 2042.

Ørsted maintains its financial outlook for 2022.

Ørsted CEO on major sale of new shares: ”It can come as opportunities arise”

Ørsted CEO satisfied with results but deems market conditions challenging

Ørsted issues green bonds totaling EUR 1.35bn

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