Ørsted plans to issue green bonds to finance wind farms, including the 1.4GW Hornsea 2 development, under construction in the North Sea.
The Danish firm said bonds would likely be made available with eight year and 14-year fixed rates. It may also issue an index-linked 15-year bond.
The final sizes and pricing of the green bond tranches will be determined when the book-building process closes, stated Ørsted, which has appointed Barclays Bank, Goldman Sachs, Morgan Stanley and NatWest as joint lead managers on the bond issuances.
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