EnBW to issue €500m green subordinated bonds

EnBW Energie Baden-Wurttemberg has launched its third green subordinated bond issue on the capital market with a total issue size of €500 million ($564 million). The bonds have a 60-year term, an issue price of 99.3% and a coupon of 1.875%. The bonds are rated Baa2 (Moodys), BBB- (S&P), and...