Ørsted A/S Successfully Concludes Tender Offer for Green Hybrid Capital Securities

Ørsted A/S announced the completion of its tender offer for the EUR 500,000,000 2.25% green hybrid capital securities due in 3017, with ISIN XS1720192696. The tender offer, launched on 5 March 2024, saw Ørsted inviting holders of these securities to sell them back for cash under conditions outlined in the tender offer memorandum.

The offer, concluding at the expiration deadline on 11 March 2024, 17:00 CET, observed a substantial response, receiving valid tenders of EUR 249,544,000 in aggregate principal amount of the securities. Ørsted confirmed acceptance of all tendered securities at the purchase price set at 98.75% of the principal amount. Furthermore, the company will also disburse accrued interest to the holders whose securities have been accepted for purchase. This move effectively reduces the outstanding principal amount to EUR 250,456,000 after settlement, scheduled for 14 March 2024.

This announcement underscores Ørsted's continuing commitment to its green energy vision and its operational strategies in the renewable energy market. For additional information, contacts for global media relations and investor relations were provided.