Increase of the EPH bond issue to CZK 7.5 billion

24. 7. 2020

Following the successful issuance of bonds ISIN CZ0003524464 in volume of CZK 5 billion by EPH Financing CZ, a.s. (EPH Financing CZ), a subsidiary of Energetický a průmyslový holding, a.s. (EPH), placed in March 2020 [https://www.epholding.cz/en/press-releases/successful-placing-of-eph-bonds-in-aggregate-amount-of-czk-5-billion/], the EPH group announces the successful placement of bonds in volume of CZK 2.3 billion within the increase of the current issuance to CZK 7.5 billion*.

The bonds due 2025 bear a fixed interest rate of 4.50% p.a. EPH Financing CZ cooperated on the bond issuance with a consortium of banks consisting Česká spořitelna, a.s., J&T BANKA, a.s., Komerční banka, a.s. a UniCredit Bank Czech Republic and Slovakia, a.s.

„We are pleased with the continuing strong interest from investors who appreciate the strong credit profile of the EPH group and its stable position within the European energy market – based on the available information to us, this is one of the largest corporate bonds issues in the Czech Republic,“ said Pavel Horský, CFO and a member of the Board of Directors of EPH.

 

* As of the issue date, EPH Financing CZ has decided to keep bonds in volume of CZK 200 million on its own books.