Eneco and Financing

Eneco afbeelding - Eneco Financing 

Private
Placements

A Private Placement is a direct private offering of securities to a limited number of accredited institutional investors.

The major outstanding private placements are listed below.

US Private Placement 2007

Issuer Eneco Holding N.V.
Arrangers Barclays Capital and RBS 
Greenwich Capital
Amount EUR 775.000.000
Ranking Senior Unsecured Notes
Maturity Between 2014 and 2027

US Private Placement 2009

Issuer Eneco Holding N.V.
Arrangers Barclays Capital and ING Financial Markets
Amount USD 269.000.000 and GBP 75.000.000
Ranking Senior Unsecured Notes
Maturity Between 2016 and 2029

EUR Private Placement 2009

Issuer Eneco Holding N.V.
Arrangers Deutsche Bank AG en ING
Bank N.V.
Amount EUR 95.000.000
Ranking Senior Unsecured Notes
Maturity 2019

EUR Private Placement 2009

Issuer Eneco Holding N.V.
Arrangers The Royal Bank of Schotland
Amount EUR 150.000.000
Ranking Senior Unsecured Inflation Linked Notes
Maturity 2019

JP Private Placement 2009

Issuer Eneco Holding N.V.
Arrangers Citibank
Amount JPY 20.000.000.000
Ranking Senior Unsecured Notes
Maturity 2039

Revolving Credit
Facility

The Revolving Credit Facility has a tenor of 5 years and is for Eneco’s general corporate purposes including, inter alia, working capital finance. The Facility is structured to be compliant with the Law on Independent Network Management ('WON') in the Netherlands and to accommodate a future unbundling of Eneco’s regulated and non-regulated businesses in accordance with the WON regulations.


Borrower  Eneco Holding N.V. 
Amount EUR 1.250.000.000
Coordinators ABN AMRO Bank N.V. en BNP Paribas S.A.
Facility agent ABN AMRO Bank N.V.
Bookrunning Mandated ABN AMRO Bank N.V., Barclays Capital, BNP Paribas
Lead Arrangers Citigroup Global Markets Limited, Deutsche Bank AG, ING Bank N.V. and The Royal Bank of Schotland N.V.
Lead Arrangers N.V. Bank Nederlandse Gemeenten en Lloyds TSB
Bank PLC
Maturity October 13, 2016

Guarantee Facility
 

The Syndicated Guarantee and Letter of Credit Facility has a tenor of 3 years and enables Eneco to meet their requirements under contracts with energy suppliers to cover exposures above counterparty limits.

Kredietnemer  Eneco Holding N.V.
Amount EUR 200.000.000
Coordinators ING Bank N.V. and Lloyds TSB Bank PLC
Facility Agent ING Bank N.V.
Mandated Lead Arrangers  BNP Paribas, ING Bank N.V., Lloyds TSB Bank PLC and N.V. Bank Nederlandse Gemeenten
Maturity December 1, 2014

ECP
 

A Euro Commercial Paper Programme (ECP) is a standardized issuance platform for short-term debt instruments in the public and private market. The paper is unsecured and unsubordinated.


Issuer  Eneco Holding N.V. 
Aranger ING Commercial Banking
Amount EUR 750.000.000
Dealers

Barclays
BNP Paribas
Citigroup
ING Commercial Banking
The Royal Bank of Schotland Plc

Ranking Senior Unsecured Notes
Rating A-2
Issue & Paying Agent Deutsche Bank AG

Available documents

Information memorandum 

EMTN
 

A Medium Term Note Programme (EMTN) is a standardised issuance platform for debt instruments in public markets as well as for private placements.


Issuer Eneco Holding N.V. 
Arranger The Royal Bank of Scotland Plc
Amount EUR 1.500.000.000
Dealer The Royal Bank of Scotland Plc
Ranking Senior Unsecured Notes
Paying Agent Citibank N.A.

Available documents

Base Prospectus EMTN

Maturity profile
 

The maturity profile of the current long term debt portfolio of Eneco is shown in the following graph.

Eneco image - Maturity Profile

 
 

Eneco and Financing

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