TIDMORSTED 
 
 
   Ørsted announces its intention to issue green unsecured senior 
bonds in Taiwanese Dollars (TWD) for the purpose of raising green 
financing for Ørsted's continuing investments in its Greater 
Changhua 1 & 2a offshore wind project. It is the second time Ørsted 
issues green TWD bonds in the Taiwanese market. 
 
   Ørsted targets three tranches of green senior unsecured bonds with 
maturities of 7, 10 and 20 years for a total nominal amount of up to TWD 
15 billion subject to market conditions. The final sizes, tranches, and 
pricing of the green senior bonds will be determined when the 
book-building process closes. 
 
   The bonds will be issued by Ørsted Wind Power TW Holding A/S under 
Ørsted's EMTN-programme and backed by a guarantee from Ørsted 
A/S. The issuing entity is rated twAA by Taiwan Rating (a subsidiary of 
Standard & Poor's) covering Ørsted's activities in Taiwan. 
Ørsted A/S is rated Baa1 with stable outlook by Moody's, BBB+ with 
stable outlook by Standard & Poor's, and BBB+ with stable outlook by 
Fitch. 
 
   The green TWD bonds will be issued in accordance with Ørsted's 
Green Finance Framework, which has received a second opinion with a Dark 
Green shading from CICERO 
(https://orsted.com/en/Investors/Debt/Green-Financing). 
 
   Ørsted has selected BNP Paribas, Cathay United Bank, and CTBC Bank 
to act as Mandated Lead Arrangers on the transaction. 
 
   The information in this announcement does not change Ørsted's 
financial guidance for the financial year 2020 or the announced expected 
investment level for 2020. 
 
   For further information, please contact: 
 
   Media Relations 
 
   Ulrik Frøhlke 
 
   +45 99 55 95 60 
 
   Investor Relations 
 
   Allan Bødskov Andersen 
 
   +45 99 55 79 96 
 
   The Ørsted vision is a world that runs entirely on green energy. 
Ørsted develops, constructs and operates offshore and onshore wind 
farms, solar farms, energy storage facilities, and bioenergy plants, and 
provides energy products to its customers. Ørsted ranks #1 in 
Corporate Knights' 2020 index of the Global 100 most sustainable 
corporations in the world and is recognised on the CDP Climate Change A 
List as a global leader on climate action. Headquartered in Denmark, 
Ørsted employs 6,120 people. Ørsted's shares are listed on 
Nasdaq Copenhagen (Orsted). In 2019, the group's revenue was DKK 67.8 
billion (EUR 9.1 billion). Visit orsted.com or follow us on Facebook, 
LinkedIn, Instagram, and Twitter. 
 
 
 
   Attachment 
 
 
   -- 04NOV2020_Company announcement_Ørsted announces intent to issue 
      green bonds in Taiwan 
      https://ml-eu.globenewswire.com/Resource/Download/b153278a-c065-4215-85f1-b93ea7b3a59d

(END) Dow Jones Newswires

11-03-20 2014ET