In its latest issuance of 2024, E.ON successfully completed a ¥16 billion Yen private placement bond, set to mature in December 2030. The bond was swapped into euros, amounting to just over €100 million with a yield of 3.009%. This marks E.ON’s first Yen-denominated bond issuance in 15 years. E.ON CFO Nadia Jakobi said: “This transaction is part of E.ON’s communicated funding strategy to further diversify our investor base. Following prior placements in other currencies and with specific investors who do not invest in the Eurobond primary market, we have now also started to approach Japanese investors. In the coming years, we will continue to further broaden our investor base. While we have issued a total amount of €4.95 billion in fiscal year 2024, this year’s funding already included substantial pre financing for 2025. As a consequence, both the lower and upper levels of our communicated funding range of €3.5-5 billion per year remain in place going forward. In addition, I am very pleased that we have covered about 75 percent of our financings in 2024 with green bonds, which underlines our commitment to sustainability.”
