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EVN bonds


Public bonds CHF EUR
Amount 250m 300m
Due date Feb. 20, 2014 April 13, 2022
Maturity (yrs) 5 10.5
Coupon (% p.a.) 3.625 4.25
ISIN

CH0049763102

XS0690623771


Private placement EUR EUR EUR
Amount 300m 28.5m 150m
Due date Dec. 14, 2011 March 11, 2016 June 23, 2017
Maturity (yrs) 10 7 8
Coupon (% p.a.) 5.25 5.00 5.25
ISIN XS0140090514 XS0417260329 XS0434384334

Private placement JPY  JPY
Amount 8bn 12bn 
Due date Sept. 1, 2014 Jan. 9, 2024 
Maturity (yrs) 20 15 
Coupon (% p.a.) 5.20 3.13 
ISIN XS0052014114 XS0406428036 


Debt Issuance Programme
Supplement to the current Debt Issuance Programme (incl. CSSF approval)
 


Fiscal Agency Agreement
between EVN and Deutsche Bank (signature EVN, signature DB)


CHF 250m corporate bond

EUR 28.5m corporate bond

EUR 150m corporate bond

EUR 300m corporate bond


Ratings

EVN AG is regularly rated by the two leading international credit agencies, Moody’s and Standard & Poors.

In July 2011, the rating agency Standard & Poor's confirmed the long-term credit rating of "A" for EVN AG, and retained its outlook of "negative". The long-term credit rating of "A3" and the "stable" outlook of Moody's were also confirmed in July 2011.

The rating agencies reacted positively to the improvement of the company's operating and financial performance, the positive cash flow development and the strong liquidity on the part of EVN. They also took a very positive view towards EVN's focus on the core business and the stable earnings situation on the domestic market along with the outstanding rating of the majority owner, the Federal Province of Lower Austria.

The political and economic uncertainty in South East Europe, the high level of investments as well as the delays in constuction of the coal-fired power plant Duisburg-Walsum in Germany were critically judged. 

On the basis of all these factors, EVN continues to boast a very good credit rating compared to other companies in the European energy sector.

Rating agentur Credit rating
Standard & Poor's A-, negative
Moody's A3, stable

Analysis

Rating 01-July-2011

Standard & Poor's

Rating 17-December-2010

Standard & Poor's

Rating 30-June-2010

Standard & Poor's

Rating 29-April-2009

Standard & Poor's

Rating 09-Sep-2008

Standard & Poor’s

Rating 07-March-2008

Standard & Poor’s

Rating 07-March-2007

Standard & Poor's

Rating 20-March-2006

Standard & Poor’s

Rating 03-Feb-2006

Standard & Poor’s


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