RWEs "Euro Medium Term Notes" (EMTN), also called "Debt Issuance Programme" (DIP), is a flexible financing instrument to issue senior bonds and private placements. It is our major tool for long-term refinancing on the capital market.
EMTN / Debt Issuance Programme (DIP)
| Issuer | RWE AG |
| Volume | EUR 10 billion, no restrictions on currencies |
| Term | Up to 30 years |
| Issuance | Public bonds or private placements; unsecured and unsubordinated, no financial covenants |
| Listing | Luxembourg SE |
| Documentation | Updated once a year with one year validity |
Here you may find all relevant details on RWE’s Debt issuance Programme.
Commercial Paper Programme (CP)
RWE’s Global Commercial Paper Programme is another flexible financing instrument. It enables RWE to issue short-term notes of up to US$5 billion on the money market. The issuances take place in form of the European commercial paper programme (ECP) or U.S. commercial paper (USCP).
| Issuer | RWE AG |
| Volume | USD 5 billion, no currency restrictions for the European CP; US CP in USD only |
| Term | Up to 364 days |
Here you may find all relevant details on RWE’s Commercial Paper Programme.