Funding

Funding

Issuer
Date of issuance
Maturity date
Principal in EUR
Coupon
Type
ISIN code
Enexis Holding N.V. 26-01-2012 26-01-2022 300 million 3,375 Senior unsecured XS0737138460
Enexis Holding N.V. 13-11-2012 13-11-2020 500 million 1,875% Senior unsecured XS0854400800
Enexis Holding N.V. 20-10-2015 20-10-2023 500 million 1,5% Senior unsecured XS1307369717
Enexis Holding N.V. 26-04-2016 28-04-2026 500 million 0,857% Senior unsecured XS1396367911
Enexis Holding N.V. 02-07-2019 02-07-2031 500 million 0,75% Senior unsecured XS201997607
Total
   
2,3 billion
     

Debt maturity profile

Debt maturity profile

Debt programmes

Euro Medium Term Note (EMTN) programme

Enexis issues notes under its EMTN programme, which became effective in 2011. Features of the EMTN programme:

  • Issuer: Enexis Holding N.V.
  • Maximum size: EUR 3 billion
  • Arranger: Rabobank
  • Dealers: see Base Prospectus
  • Fiscal and Paying Agent: Deutsche Bank AG, London branch

Euro Revolving Credit Facility (RCF)

Enexis has a committed credit facility (RCF) with the following features:

  • Issuer: Enexis Holding N.V.
  • Size: EUR 850 million until December 2023 and EUR 736 million until December 2024
  • Lenders: 8 banks
  • Facility Agent: ING N.V.
  • Maturity date: December 2024
  • Use: For general business purposes

Enexis Holding N.V. has 3 bilateral committed credit facilities (RCF) with the following features:

  • Issuer: Enexis Holding N.V.
  • Size: EUR 450 million (3 x EUR 150 million)
  • Lenders: 3 banks
  • Maturity date: November 2021
  • Use: for general corporate purposes

Euro commercial paper programme (ECP)

Enexis Holding N.V. has established an ECP programme in december 2016, with the following features:

  • Issuer: Enexis Holding N.V.
  • Maximum size: EUR 1 Billion
  • Arranger: Rabobank
  • Dealers: BNP Paribas, ING, NatWest Markets, Rabobank
  • Issuing and Paying Agent: Citigroup Inc.

Update valuation of shares Enexis Holding N.V. as per 2019/1/1

  • Bandwith shareholder value € 3,959 million - € 4,959 million
  • Point estimate valuation € 4,548 million, with a point estimate of € 30.38 per share

At the request of our shareholders in 2017 an independent external advisor, hired by Enexis Groep and its shareholder committee, presented an new independent valuation of the shares of Enexis Holding N.V. as per 2017/1/1. This concerns the valuation under market terms based on a stand-alone and going-concern situation. The valuation will be updated every year around 1 July by Enexis Groep and at the start of a every regulatory period, a new independent valuation opinion will be required from an external advisor.