Your settings for cookies and pixels on rwe.com

Select which cookies and pixels we are allowed to use. Please note that some cookies are necessary for technical reasons and must be enabled in order to maintain the functionality of our website. If you would like to benefit from every service on our website, please consider that you need to choose every cookie category. For more information, please refer to our Data Protection Information.

    • Maintain the stability of the website.
    • Save your log-in data.
    • Allow to improve the user experience.
    • They provide advertisements that are relevant to your interests.
    • They allow you to share interesting content directly with your social media network.

You can change your cookie and pixel settings on rwe.com at any time via our Data Protection Information.

Imprint

Show Details
Confirm selection Select all
Select all Confirm selection

RWE redeems €539 million hybrid bond on first call date

Essen, 04 September 2020

RWE will redeem a subordinated hybrid bond for €539 million on 21 October 2020, the earliest possible redemption date. The bond (ISIN XS1219498141) with a coupon of 2.75% was issued in April 2015. In 2017, RWE reduced the bond’s initial nominal volume of €700 million to today's level by buying back the bonds. The bond conditions stipulate that RWE can exercise its right to call the bond for the first time five and a half years after its issue. The company is now exercising this option. There are no plans to refinance the bond by raising new hybrid capital.

Only two hybrid bonds issued by RWE are outstanding: one for €282 million and one for $317 million. The earliest they can be redeemed is April 2025 and March 2026, respectively.