RWE issues new long-term GBP bond

Total volume of 600 million GBP / Coupon of 4.75 % p.a. with 22-year term

(PresseBox) ( Essen, )
RWE is taking advantage of the favourable conditions for German companies on the international capital market by issuing a GBP bond today with a volume of 600 million GBP and a term of 22 years. The maturity date is 31 January 2034.

Placed via RWE Finance B.V., the bond was significantly oversubscribed. The sterling bond serves both to strengthen the RWE Group's liquidity reserves and to finance ambitious plans for expanding its offshore wind farms.

The bond was issued with a coupon of 4.75 % p.a. and an issue price of 99.82% for its 22-year term. Lead underwriters for the issue are Barclays Capital and Bank of America Merrill Lynch as well as BBVA, Lloyds Bank and Mitsubishi UFJ Securities International.

This press release and the information contained in it may not be forwarded to or distributed within the United States. Nothing in this press release constitutes an offer of securities for sale in the United States or any other jurisdiction where it is unlawful to do so. The securities have not been, and will not be, registered under the U.S. Securities Act of 1933 or the securities laws of any state of the U.S. and the securities may not be offered or sold within the U.S. or to, or for the account or benefit of, U.S. persons.
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