Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

ENBW ENERGIE BADEN-WÜRTTEMBERG AG

(EBK)
  Report
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

EnBW Energie Baden Württemberg : exercises first call right on subordinated bonds from 2016

12/02/2021 | 10:51am EST
{{1638459000000 | date:'longDate'}}
EnBW exercises first call right on subordinated bonds from 2016
Two subordinated bonds with a volume of EUR 725 million and USD 300 million will be repaid at the first call date - Subordinated bonds remain an important financing instrument

Karlsruhe. EnBW Energie Baden-Württemberg AG will exercise the call option on its subordinated bonds issued in September 2016 on 5 December 2021. The subordinated bonds with a volume of EUR 725 million and USD 300 million will be repaid at their principal amount plus accrued interest in accordance with the terms and conditions of the Notes at the earliest possible date on 5 January 2022.

Subordinated bonds continue to be an important financing instrument for EnBW. They support the Company's credit ratings and capital structure. EnBW sees subordinated capital as a long-term element of its capital structure. As recently as August 2021, EnBW had issued two subordinated bonds for EUR 500 million each, one of them as a green tranche.

The euro bond has ISIN XS1405770907 (Common Code 14057709 / WKN A2BPFD), while the USD bond has ISIN XS1498442521 (Common 149844252 / WKN A2BN7K).

A subordinated bond is a mixture of equity and debt. This type of bond is therefore only partially treated as a liability by the rating agencies. Subordinated bonds generally have higher coupons than senior bonds as they are subordinated to all other financial debt and have other equity-like characteristics.

Best Regards

Your EnBW-Team Investor Relations
investor.relations@enbw.com
+49 721 63-12060

EnBW Energie Baden-Württemberg AG
Durlacher Allee 93
76131 Karlsruhe

Company's registered office: Karlsruhe • Local court Mannheim • HRB no. 107956
Chairman of the Supervisory Board: Lutz Feldmann
Board of management: Dr. Frank Mastiaux (Chairman), Dirk Güsewell, Thomas Kusterer, Colette Rückert-Hennen, Dr. Georg Stamatelopoulos

Julia von Wietersheim
Senior Manager Investor Relations
+49 721 63-12060
Investor.Relations@enbw.com

Disclaimer

EnBW - Energie Baden-Württemberg AG published this content on 02 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2021 15:50:10 UTC.


© Publicnow 2021
All news about ENBW ENERGIE BADEN-WÜRTTEMBERG AG
01/18Grid operator Amprion says power supply gaps can be plugged
RE
01/17Scottish wind sale nets nearly $1 billion with Shell, BP among winners
RE
01/17ENBW AND BP ONCE AGAIN SUCCESSFUL IN : Partners plan 2.9-gigawatt ...
PU
01/17BP, EnBW Awarded Lease Option for 2.9-GW Floating Wind Farm Off Scotland
MT
01/17BP, EnBW Secure Offshore Wind Bid in Scotland
DJ
01/17Scottish wind sale nets nearly $1 billion with Shell, BP among winners
RE
01/17BP, EnBW win in Scottish offshore wind lease round
RE
2021SUSTAINABLE PRODUCTION WITH SOLAR PO : Covestro and EnBW sign long-term supply agreement f..
PU
2021ENBW ENERGIE BADEN WÜRTTEMBERG : Factsheet Q2 2021
PU
2021ENBW ENERGIE BADEN WÜRTTEMBERG : German Corporate Governance Code of 16 December 2019
PU
More news
Analyst Recommendations on ENBW ENERGIE BADEN-WÜRTTEMBERG AG
More recommendations
Financials
Sales 2020 19 900 M 22 538 M 22 538 M
Net income 2020 596 M 675 M 675 M
Net Debt 2020 8 770 M 9 933 M 9 933 M
P/E ratio 2020 25,4x
Yield 2020 1,79%
Capitalization 20 747 M 23 473 M 23 499 M
EV / Sales 2019 1,06x
EV / Sales 2020 1,20x
Nbr of Employees 23 527
Free-Float -
Chart ENBW ENERGIE BADEN-WÜRTTEMBERG AG
Duration : Period :
EnBW Energie Baden-Württemberg AG Technical Analysis Chart | EBK | DE0005220008 | MarketScreener
Technical analysis trends ENBW ENERGIE BADEN-WÜRTTEMBERG AG
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Managers and Directors
Frank Mastiaux Chairman-Management Board & CEO
Thomas Andreas Kusterer Chief Financial Officer
Lutz Peter Feldmann Chairman-Supervisory Board
Hans-Josef Zimmer Chief Technical Officer
Bernd-Michael Zinow Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
ENBW ENERGIE BADEN-WÜRTTEMBERG AG2.63%23 961
NEXTERA ENERGY-11.53%162 073
ENEL S.P.A.-2.00%79 582
DUKE ENERGY CORPORATION-1.83%79 227
SOUTHERN COMPANY-1.12%71 865
IBERDROLA, S.A.-2.55%71 054