E.ON starts 2021 by issuing a 600 million Euro corporate bond
E.ON issued a bond with a volume of 600 million Euro maturing in December 2028. The proceeds of the bond issuance are intended to be used for general corporate purposes, including the refinancing of an upcoming bond maturity in April.
With significantly lower funding needs compared to last year, having raised 600 million Euro early on in the year, E.ON has been able to address a sizeable part of its expected 2021 funding needs and thereby continues to apply a prudent liquidity risk management.
The transaction was executed by an international bank consortium. Commerzbank, ING, Morgan Stanley and MUFG served as active bookrunners.