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Ørsted — Capital/Financing Update 2015
Dec 14, 2015
3378_rns_2015-12-14_8105db7d-cfcd-41e7-8ffa-5d28534429dc.pdf
Capital/Financing Update
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DONG energy
Company announcement
DONG Energy signs new credit facilities
DONG Energy A/S has today signed a EUR 1.4bn 5-year syndicated revolving credit facility and a EUR 350m 3-year syndicated revolving credit facility. Both facilities include two 1-year extension options. The facilities will replace the existing EUR 1.3bn credit facility, signed in August 2011 and bilateral facilities.
With the new facilities, DONG Energy is taking advantage of the current favourable market conditions for credit facilities in the Euroloan market.
The credit facilities have been arranged by DONG Energy and are supported by a select group of 14 Nordic and international banks, committing as Bookrunners and Mandated Lead Arrangers, with Nordea and The Royal Bank of Scotland plc acting as coordinators. The 14 banks are: Barclays Bank PLC, BNP Paribas, Citibank, Danske Bank AS, Deutsche Bank Luxembourg S.A., Goldman Sachs International Bank, Handelsbanken, J.P. Morgan Limited, MORGAN STANLEY, Nordea, RABOBANK, SEB, The Bank of Tokyo-Mitsubishi UFJ, Ltd. and The Royal Bank of Scotland.
The facilities are for DONG Energy's general corporate purposes.
The information provided in this announcement does not change DONG Energy's previous financial guidance for the 2015 financial year or the announced expected investment level for 2015-2016.
For further information, contact:
Media Relations
Ulrik Frøhlke
+45 9955 9560
Investor Relations
Allan Bødskov Andersen
+45 9955 9769
DONG Energy A/S
Kraftværksvej 53
Skærbæk
7000 Fredericia
www.dongenergy.com
CVR-nr. 36 21 37 28
14 December 2015
DONG Energy is one of the leading energy companies in Northern Europe and is based in Denmark. Approximately 6,500 ambitious employees are working committed on exploring for and producing oil and gas, on developing, constructing and operating offshore wind farms, on producing electricity and heat from our power stations, and on supplying energy to private and business customers every single day. Group revenue was DKK 67bn (EUR 9.0 billion) in 2014. For further information, see www.dongenergy.com.