Vattenfall issues EUR 500 million green bond

Today, Friday, Vattenfall has issued a new EUR 500 million green senior bond. The issue was oversubscribed by more than 3.5 times. Vattenfall now has three green bonds outstanding with a total size of EUR 1.5 billion.

The proceeds from the bond issue will be earmarked for investments in the four eligible categories specified in Vattenfall’s Green Bond Framework: Renewable energy and related infrastructure, energy efficiency, electrification of transport and heat, and industrial projects. Barclays, BNP Paribas, MUFG and Nordea acted as joint bookrunners on the bond issue.

Vattenfall's CFO Kerstin Ahlfont comments on the strong demand for the bond: “I am happy to say that we have once more seen a very strong interest among European investors when issuing our new green bond and that so many have chosen to contribute to our goal of enabling fossil-free living within one generation.”

The settlement date is 12 February 2021.

Facts green bond:

Size: EUR 500 million
Interest spread: ms+38bps
Yield: 0.155%
Coupon: 0.125%
Price: 99.762%
Listing: Nasdaq Stockholm
Documentation: EMTN
Governing law: Swedish law

For further information, please contact:

Johan Sahlqvist, Head of Investor Relations, tel.: +46 (0)8 739 72 51, mob.:+46 (0)72 226 40 51
Henrik Svensson, Press Officer, mob. +46 (0)70-271 11 32

Vattenfall's Press Office, tel.: +46 (0)87 39 50 10, press@vattenfall.com

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