EMTN / Debt Issuance Programme (DIP)
RWEs "Euro Medium Term Notes" (EMTN), also called "Debt Issuance Programme" (DIP), is a flexible financing instrument to issue senior bonds and private placements. it is our major tool for long-term refinancing on the capital market. Generally, we use our subsidiary RWE Finance B.V. to issue bonds, guaranteed by RWE AG.
|Issuer||RWE AG or RWE Finance B.V. (wholly-owned subsidiary of RWE AG)|
|Guarantor||RWE AG (for RWE Finance B.V.)|
|Volume||EUR 30 billion, no restrictions on currencies|
|Term||Up to 30 years|
|Issuance||Public bonds or private placements; unsecured and unsubordinated, no financial covenants|
|Listing||Luxembourg SE, passporting to Germany and the Netherlands|
|Documentation||Updated once a year with one year validity|
Here you may find all relevant details on RWE’s Debt issuance Programme.