Ad hoc announcement pursuant to Art. 53 LR
On 18 August 2022, Axpo Holding AG successfully placed a sustainability-linked bond on the Swiss market in the amount of CHF 500 million.
Following the issuance of the first sustainability-linked bond in January 2022, Axpo Holding AG today placed its second sustainability-linked bond on the Swiss market. The bond in the amount of CHF 500 million has been issued in two tranches. Tranche A in the amount of CHF 300 million has a maturity of 4 years and an interest rate of 2.00 per cent; tranche B in the amount of CHF 200 million has a maturity of 6.5 years and an interest rate of 2.50 per cent. As per the existing sustainability-linked framework the financing costs are linked to the achievement of targets relating to the further expansion of the capacity of renewable energies. The proceeds will be used for general corporate purposes.
Joris Gröflin, CFO of the Axpo Group, on the successful issue: “With this second sustainability-linked transaction on the Swiss capital market, Axpo once again underlines its strong commitment to a more sustainable future and its excellent access to the capital market.”