Green Bonds

Key terms of the Green Bonds 2022

Bonds issued in 2017

Senior Secured Notes due 2022 (Green bonds)

IssuerSenvion Holding GmbH
Principal amount€400M
Issue Date5 May 2017
Maturity Date25 October 2022
RankingSenior secured
Interest3.875% Senior Secured Notes due 2022
Interest Payment1 May and 1 November, commencing 1 November 2017
Minimum Denomination€100,000 and integral multiples of €1,000 in excess thereof
Optional RedemptionPrior to May 1, 2019:
  • Equity clawback – up to 40% at 103.875%; provided that at least 50% of the original issue size remains outstanding after redemption
  • Up to 10% in any 12-month period commencing the Issue Date, at 103%
  • 100% plus “make-whole” premium
On and after May 1, 2019, Notes may redeemed at:
  • 101.938% until May 1, 2020
  • 100.969% until May 1, 2021
  • 100.000% from May 1, 2021 and thereafter
Regulation S ISIN/Common CodeXS1608040090/1608040090
Rule 144A ISIN/Common CodeXS1608044753/1608044753
ListingIrish Stock Exchange (traded on the Global Exchange Market) (Listing date: 13/06/2017)
TrusteeDeutsche Trustee Company Limited

* Important notice: the information set forth above is provided in summary form and is subject to more detailed terms and conditions set forth in the Notes and the indenture governing the Notes.

Second party opinion

Senvion has received a second party opinion for the bond issuances in 2015 and the refinancing in 2017 from DNV GL. This second party opinion provides an independent assessment of the accuracy and integrity of green bond information & data.

Title File Size
Senvion Green Bond SPO DNV GL - April 2017 pdf 322 KB
Senvion Green Bond SPO DNV GL - April 2015 pdf 184 KB

Bond Rating

An external rating is key to obtaining financing in the international financial markets. It assists providers of outside capital in evaluating the risk situation of companies and their financial instruments. 

The following summary shows Senvion GmbH`s current issuer and bond credit ratings:

S&P (22 May 2018)Moody’s (4 April 2018)
Corporate ratingBB2
Bond ratingBB3
OutlookNegativeStable

Reporting on green bonds

Senvion, a pure-play green issuer, reports on key performance indicators, highlighting the contribution of the Company’s business to the overall transition towards lower-carbon intensive energy generation in an annual corporate and sustainability report. This report can be found in the Annual Financial Report under “Corporate social responsibility”.

Bondholder announcements

Investors’ Conference Call Invite and Transcripts

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Title File Size
Conference call Transcript for Dec 15 results pdf 134 KB
Conference call Transcript for Sept 15 results pdf 137 KB
Conference call Transcript for June 15 results pdf 165 KB
Conference call Transcript for Mar 15 results pdf 167 KB

Press releases

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Title File Size
Press release – Senvion announces successful refinancing pdf 38 KB
Press release - Rapid II - Notice of Redemption pdf 19 KB
Press release - Senvion announces intention to offer €400.0 million due 2022 pdf 40 KB
Press release – Senvion Price range pdf 129 KB
Press release - Intention To Float (ITF) and change of FY pdf 198 KB

Results presentations

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Title File Size
Senvion S.A. Condensed financial statements – Q3 CY16 ending on Sep 16 pdf 248 KB
Senvion S.A. Condensed financial statements – Q2 CY16 ending on Jun 16 pdf 130 KB
Senvion S.A. Condensed financial statements – Q1 CY16 ending on Mar 16 pdf 126 KB
Results presentation for H1 FY15/16 ending on Sept 15 pdf 4 MB
Rapid TopCo (now Senvion TopCo) Condensed financial unaudited statements – H1 FY15/16 pdf 143 KB
Results presentation for Q1 FY15/16 ending on June 15 pdf 3 MB
Rapid TopCo (now Senvion TopCo) Condensed financial unaudited statements – Q1 FY15/16 pdf 125 KB
Annual result presentation for FY14/15 pdf 3 MB

Contact

Senvion Investor Relations
46a, avenue John F. Kennedy
L-1855 Luxembourg, Grand Duchy of Luxembourg