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Commentary & Deal Flow

NEW ISSUE: Eesti Energia €300m (WNG) 5yr Green Sr Unsec; MS+200a

IGC European Market: Deal Flow - General

Issuer

Term

Maturity

Size

Ranking

Type

IPT

Eesti Energia

5yr

28-May-31

€300m (WNG)

Sr Unsec

Fixed

MS+200a


Books above €1bn
IPTs: 5yr: MS+200a

  • Issuer: Eesti Energia AS
  • Ticker: ESTONE
  • Expected Issue Ratings: Baa3/BBB- (Moody's/S&P)
  • Format: Reg S, Bearer, Senior Unsecured, Green Bond
  • Size: €300m (WNG)
  • Maturity Date: 28-May-31
  • IPTs: MS+200 Area
  • Coupon: Annual, act/act ICMA
  • Make-Whole Call: Yes
  • Use of Proceeds: The Issuer intends to apply an amount equivalent to the net proceeds of the issue of the Notes to finance and/or refinance in whole or in part, new or existing Eligible Green Projects.
  • Settlement: 28-May-26
  • Denominations: €100k x €1k
  • ISIN: XS3338741567
  • Bookrunners: GS (GC), LHV Pank
  • Target Market: Eligible counterparties and professional clients only (all distribution channels).