Senvion sets roadshow for €400 million 5.5-year secured green bond

By Paul A. Harris

Portland, Ore., April 20 – Senvion plans to start a roadshow on Tuesday for a €400 million offering of senior secured notes due 2020, according to a market source.

Joint physical bookrunners Deutsche Bank will bill and deliver for the “green” offering that is in the market via Rule 144A and Regulation S. JPMorgan is also a joint physical bookrunner.

Banca IMI, BayernLB, Credit Agricole CIB, RBC, SEB, CaixaBank, Citigroup, Raiffeisen Bank and Santander are also joint bookrunners.

The notes come with two years of call protection.

Proceeds will be used to help fund the acquisition of the Hamburg, Germany-based wind turbine company by Centerbridge Partners from Suzlon Energy Ltd.

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