Elia successfully completes €500 million bond offering


08-01-2019

Elia System Operator NV/SA (“Elia”), the Belgian transmission system operator, has successfully launched a €500 million Eurobond under its €5 billion EMTN programme.

The €500 million senior bond will mature in 2026 and has an annual coupon of 1.375%.

The proceeds from the new bond issue will be used to refinance an existing €500 million Eurobond due to mature in May 2019.

The transaction highlights Elia’s strong standing in the international capital markets, being 4 times oversubscribed and attracting demand from 138 investors from 21 countries.