German E.ON Issued Green Bonds of €1,5 Billion
One of the biggest German energy companies E.ON issued two green bonds tranches of €750 million each, accordinr to the company’s press-release.
The high level of demand enabled E.ON to secure favorable interest terms across both maturities: €750 million bond maturing in August 2024 with coupon of 0%; €750 million bond maturing in February 2030 with coupon of 0.35%.
The transaction was executed by the international bank consortium that supported E.ON’s acquisition financing. BofA Merrill Lynch, BNP Paribas, ING, Société Générale served as active bookrunners.
E.ON CFO Marc Spieker: “Sustainability runs like a red thread through the business of the new E.ON, our investments and finances. Already today, an important part of our investments leads to greater energy efficiency and climate protection. We will significantly increase this share over the coming years. Green Bonds help us financing these investments. With our Green Bonds, international investors can now participate in financing our projects that make peoples’ lives more sustainable. The low coupons of both bonds reduce E.ON‘s average financing costs and thus support our business development.”
08:00 / 26 September, 2019
ODESA OFFSHORE CONFERENCE-2019
Ukraine has every chance to resume the work of the most promising oil and gas region, the Southern oil&gas fields. The untapped deposits of oil and gas are located both onshore and subsea. Four companies have already poised to conclude Production Sharing Agreements with Ukraine, whilst bidding for the Dolphin oil&gas fields on Black Sea shelf. The Odesa Offshore Conference (OOC2019) will serve as a venue for Ukrainian and international bidders to meet with local and international drilling, oilfield service and equipment manufacturers to kick-off emerging subsea and onshore projects in Ukraine.
12:00 / 13 June, 2019
08:00 / 23 May, 2019
Carpathian Oil&Gas Conference-2019
The development of oil&gas industry, introduction and implementation of new E&P technologies, stimulation, workovers &recovery of oil&gas wells will be among upstream focal points of the FIRST DAY of COGC2019 - 23 May. The SECOND DAY of Conference will be devoted to midstream, downstream, and trade in hydrocarbons, to spotlight the nowadays dynamics and robust changes in the Ukrainian oil&gas market. The Ukrainian Gas Market day of 24 May 2019 will become a marketplace venue for natural gas traders and natural gas transmission & distribution companies to meet and discuss prospective deals in the UAH 200 billion natural gas market of Ukraine.