EWE AG has successfully updated its Euro Commercial Paper Programme, further enhancing its flexibility in short-term financing. As part of the revision, the programme volume was increased from €500 million to €750 million, and the group of participating financial institutions was expanded. With this update, EWE underlines its role as an active capital market participant and creates additional scope for short-term financing.
Through the Euro Commercial Paper Programme, EWE is able to raise short-term funds directly on the capital market. It complements the company’s existing financing instruments and supports efficient liquidity management. Commercial papers are unsecured, short-term debt instruments with maturities of up to 364 days, primarily placed with institutional investors. They enable EWE to respond flexibly to liquidity needs while ensuring market-oriented financing.
Commerzbank acts as arranger and dealer for the implementation of the updated programme, with BNP Paribas, ABN AMRO Bank N.V., ING Bank and DZ BANK AG participating as additional dealers. Legal advice was provided by the international law firm Linklaters LLP.
Further Information: Euro Commercial Paper Programme | EWE AG
