(1888PressRelease)
June 15, 2009 - The bond was met with lively investor interest and was several times oversubscribed. With this bond RWE secures further refinancing of the planned acquisition of the Dutch utility Essent. With the focus on short-term maturity, RWE is responding to investor interest and simultaneously balancing its maturity profile.
The bond is issued with a coupon of 2.5% p.a. and at an issuance price of 99.504%. The bookrunners of the bond placement are Calyon, Landesbank Baden-Württemberg and Unicredit.
The bond is already available at a minimum increment of €1,000 and as such targets not only institutional investors but also retail investors looking for an attractive return on capital in a reasonable length of time.
http://www.rwe.com
Jan-Peter Schwartz
Head of External Communications
T+49-201-12-15023
F+49-201-12-15094
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