.
- Subordinated bond of 750 million GBP
- RWE takes advantage of favourable market conditions for hybrid bonds
RWE today launched a hybrid bond with a volume of 750 million GBP. The issue met with lively interest from institutional investors and was several times oversubscribed. With this step, the Group is implementing a further part of the package of measures announced in August 2011 that was designed, amongst other things, to improve its capital structure. This is RWE's third hybrid bond, following the successful launches of hybrids denominated in euros in 2010 and in Swiss francs in 2011.
The bond has
- Subordinated bond of 750 million GBP
- RWE takes advantage of favourable market conditions for hybrid bonds
RWE today launched a hybrid bond with a volume of 750 million GBP. The issue met with lively interest from institutional investors and was several times oversubscribed. With this step, the Group is implementing a further part of the package of measures announced in August 2011 that was designed, amongst other things, to improve its capital structure. This is RWE's third hybrid bond, following the successful launches of hybrids denominated in euros in 2010 and in Swiss francs in 2011.
The bond has
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