Ørsted has announced its intention to issue green unsecured senior bonds in Taiwanese Dollars (TWD) for the purpose of raising green financing for Ørsted’s continuing investments in its Greater Changhua 1 & 2a offshore wind project.
Ørsted has secured nominal TWD 15 billion of debt financing through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. The bonds have been issued in accordance with Ørsted’s Green Finance Framework.
The new unsecured green senior bonds comprise a 7-year TWD 4 billion fixed-rate tranche, a 10-year TWD 3 billion fixed-rate tranche, and a 20-year TWD 8 billion fixed rate tranche. All tranches have settlement on 13 November 2020.