EPH successfully issues its inaugural €500 million green bonds

3. 6. 2024

On 31 May 2024, EPH Financing International, a.s. successfully issued inaugural EUR 500 million green bonds under its EUR 3 billion EMTN Programme guaranteed by Energetický a průmyslový holding, a.s. (“EPH”). The EUR-denominated green bonds, maturing in November 2029, will bear a 5.875% coupon, paid annually. An amount equivalent to the net proceeds from the issuance will be allocated in line with EPH’s Green Finance Framework to a portfolio of eligible green projects.

EPH was assisted by Goldman Sachs Bank Europe S.E. and HSBC Continental Europe as joint global coordinators and bookrunners, ING Bank N.V. as joint lead manager and bookrunner and sole green structurer, and Bank of China (Europe) S.A. as passive bookrunner. The green bonds attracted high demand, mainly from investors from western Europe, who took up a 92% majority of allocations.

The notes were admitted to trading on the regulated market of Euronext Dublin and are rated BBB- by Fitch and BBB- by S&P.



This announcement is not being made in and copies of it may not be distributed or sent into the United States, Canada, Australia or Japan.

The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. EPH Financing International, a.s. does not intend to register any of the securities in the United States or to conduct a public offering of the securities in the United States.

A rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension or withdrawal at any time by the assigning rating organization. Similar ratings for different types of issuers and on different types of securities do not necessarily mean the same thing. The significance of each rating should be analysed independently from any other rating.