Axpo issues EUR 600 million sustainability-linked Schuldschein loan

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Axpo has successfully issued its first sustainability-linked Schuldschein loan in the amount of EUR 600 million. The transaction - initially launched at EUR 150 million - was significantly oversubscribed due to strong demand from international banks.

The structure consists of several tranches with maturities of up to 7 years with a total of 35 international, regional savings and cooperative banks participating in the transaction. The proceeds will be used for general corporate purposes.

Sustainability is a key pillar of the Axpo Group’s strategy. Following the sustainability-linked revolving credit facility and sustainability-linked bond earlier this year this transaction is further expanding the sustainability component of the company’s financing.

Joris Gröflin, CFO of the Axpo Group, on the successful issue: “This transaction complements our strategy to further diversify our funding sources in the international capital markets. It also once again demonstrates the strong credit quality and the sustainability commitment of Axpo that are attractive to investors.” 

 

Axpo Holding AG

Corporate Communications

medien@axpo.com

T 0800 44 11 00 (Schweiz) 
T +41 56 200 41 10 (International)

(08.00 - 17.30)

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