Statkraft green bond notes totaling €500 million are scheduled to be redeemed on November 13, 2026, after Statkraft AS exercised an issuer call option. The notes were originally due on December 13, 2026.

Statkraft green bond redemption terms

In its October 27 announcement, Statkraft gave holders irrevocable notice that it would redeem all outstanding notes, rather than only a portion. The green notes carry a 3.125% coupon and have the ISIN XS2723597923.

The redemption price will be 100% of the notes’ calculation amount, together with interest accrued up to, but excluding, the November 13 redemption date. The call brings the scheduled repayment forward from the original December maturity date.

Delisting application planned

Statkraft said it will apply to have the notes delisted from Euronext Dublin. The company did not give a date for the delisting.

Read More News

More FinanceVelix news

Disclaimer

This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.