BayWa AG: Repayment of the green bond completed as planned

BayWa AG, which is listed in the Prime Standard of the Frankfurt Stock Exchange (ISIN DE0005194062, DE0005194005), repaid its green bond as planned on 26 June 2024. The repayment was made from existing and freely available funds and led to a debt reduction of €200 million.

The bond issued in June 2019 had an interest coupon of 3.125 per cent p.a. and a volume of €500 million. It was the first benchmark-sized green bond transaction by an unrated company in Europe. The issue proceeds were used to finance new and existing wind and solar energy plants worldwide.