Orsted plans second offering of green bonds in Taiwan

Chicago, Nov. 3 – Orsted A/S plans to issue green senior bonds in Taiwan (twAA, issuer ratings: Baa1/BBB+/BBB+), according to a press release.

The offering from Orsted Wind Power TW Holding A/S is expected to come in three tranches with maturities of seven, 10 and 20 years for a total of up to NT$15 billion.

The notes will be guaranteed by Orsted A/S.

BNP Paribas, Cathay United Bank and CTBC Bank are lead arrangers for the offering which will be issued under Orsted’s EMTN program.

Process will be used for continuing investments in the Greater Changhua 1 & 2a offshore wind project.

This will mark the second issue in Taiwanese dollars for the company.

Orsted is a Fredericia, Denmark, operator of offshore wind farms, bioenergy plants and innovative waste-to-energy solutions.

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