E.ON yesterday successfully issued two bond tranches for a combined total of €1.8 billion.

The first tranche consists of €800 million of green bonds maturing March 2032 with a coupon of 3.5.

The second tranche consists of €1 billion of green bonds maturing March 2044 with a coupon of 4.125%.

The transaction attracted strong investor demand, with a combined order book of around 7 billion euros.

The proceeds of the short-term bond will be used for general corporate purposes, while the proceeds of the green bond will finance and/or refinance eligible green projects as defined in E.ON's green bond framework.

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