EnBW issues two further bonds in Australia

Karlsruhe. With a total volume of AUD 550 million (approximately EUR 308 million) EnBW Energie Baden-Württemberg AG today successfully issued bonds on the Australian capital market for the second time. The issue consists of two tranches with maturities of 6 and 10.25 years and coupons of 5.1970% and 5.7923% respectively, which, converted into euros, are in line with the terms that EnBW generally obtains for bond issues on the euro market.

Thomas Kusterer, EnBW Deputy CEO and CFO: “With this second successful bond issue, we are sending out a clear signal: The Australian capital market is a relevant market for EnBW. This transaction once again confirms the confidence that international investors place in our transformation path, which we plan to continue in the coming years.”

The bonds contribute to the company’s funding for fiscal year 2026. The capital market financing planned for 2025 was already implemented by the middle of this year. This latest extension of its credit curve in the Australian market will provide EnBW with even greater flexibility in the future.

“Last October, we became the first European energy company to enter the Australian market and issued our first two bonds. This has now been followed by the second, with the support of ongoing investor relations activities and roadshows in Asia and Australia enabling us to attract further investors,” said Marcel Münch, SVP Finance, M&A and Investor Relations.

The new transaction in Australia strengthens EnBW’s position and opens up further opportunities for future bond issues. At the same time, the euro market will continue to play the leading role in financing plans in the years ahead.