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Orsted: Hybrid Tender Results

UTILITIES

It is hereby announced that Ørsted accepts for purchase all such Securities validly tendered in full.


The Purchase Price is 98.75 % of the principal amount, and Ørsted will also pay Accrued Interest in respect of such Securities accepted for purchase pursuant to the Offer.

Description: EUR 500,000,000 2.25 % hybrid capital securities due on 24 November 3017:

  • ISIN: XS1720192696
  • Purchase Price: 98.75 %
  • Final accepted aggregated principal amount: EUR 249,544,000
  • Accrued Interest: EUR 6.82 per EUR 1,000 (based on Settlement on 14 March 2024
  • Principal amount outstanding after Settlement Date: EUR 250,456,000

The applicable Purchase Price together with Accrued Interest will be paid to holders whose Securities have been accepted for purchase by Ørsted. Settlement is expected to occur on 14 March 2024.

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