Amprion Issues €1.1 Billion of Green Bonds

Transmission system operator Amprion GmbH has successfully issued a €1.1 billion green bond. The bond was split into two tranches and attracted significant interest from investors.

The green bond is part of Amprion's €9 billion debt issuance program. The first tranche, worth €500 million, has a 6-year maturity with a 3.125% coupon. The second tranche, €600 million, has a 15-year maturity with a 3.850% coupon.

Amprion's CFO, Peter Rüth, highlighted that the bond proceeds will be invested in the company's green project portfolio. These projects align with the United Nations sustainability goals and are grounded in Amprion's Green Finance Framework, which follows the Green Bond Principles of the ICMA. Sustainalytics provided the second-party opinion.

Both Moody's and Fitch Ratings have assigned respective stable outlooks of Baa1 and BBB+ to Amprion. The green bond's expected ratings are Baa1 from Moody's and A- from Fitch. The transaction was managed by several banks, including Bayerische Landesbank and Commerzbank.