TenneT Issues Green Bond

Wind Industry Profile of

Green bond investors put in orders of more than EUR 5 billion / Financing re-affirms TenneT’s commitment to social responsibility / Largest corporate green debt issuer in the Netherlands, with over EUR 8 billion issued

TenneT Holding B.V. (rated A3/A-) today successfully launched and priced another Green Bond issue of EUR 1.25 billion, split in two tranches of EUR 500 million (term: 11 years, coupon 0.875%) and EUR 750 million (term: 20 years, coupon: 1.500%) with the support of five banks: ABN AMRO, Barclays, HSBC, NatWest Markets and SMBC Nikko. Proceeds will be used to invest in green projects in the Netherlands and Germany to connect large scale of offshore wind to the onshore electricity grid. Investing in green energy Over the next ten years TenneT... ... More: Official Press Release TenneT

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Tennet, green bond, financing, investor, Netherlands, Euro, onshore, offshore, grid connection