ABO Wind Announces Subscription Period for New 2024/2029 Green Bond

ABO Wind AG has begun the subscription period for its new green bond, aimed at funding wind, solar, and storage projects. The offering, facilitated through Deutsche Börse's DirectPlace, invites both institutional and private investors from Germany, Luxembourg, and Austria. Detailed via the securities prospectus approved by Luxembourg’s CSSF and notified to Germany's BaFin and Austria's FMA, the bond seeks to garner up to €50 million, with potential for increase based on demand.

The bond features a five-year term and interest rates expected between 7.00% and 8.00%, payable semi-annually. Public offerings are available through the company's website and DirectPlace until May 2, 2024. Post-subscription, the bond will be listed on the Open Market segment of the Frankfurt Stock Exchange. ABO Wind's commitment to sustainable energy is underpinned by adherence to its Green Bond Framework, verified by imug rating’s second party opinion following the guidelines of ICMA’s Green Bond Principles.