Outstanding bonds and hybrid capital

See our outstanding bonds, including prospectuses and debt maturity profile 
Outstanding bonds - Ørsted A/S
  • EUR 3.625% Notes due 2026 - Green Bond
    Issuer  Ørsted A/S
    Guarantor Ørsted Wind Power TW Holding A/S
    Type  Green Senior Unsecured
    Issued amount EUR 700 million
    Outstanding EUR 700 million 
    Issue date  1 March 2023
    Maturity date  1 March 2026
    Coupon  3.625%
    Documentation  Ørsted Debt Issuance Programme
    Rating  Baa1 (Moody’s), BBB+ (Standard & Poor’s), BBB+ (Fitch)  
    Listing  Luxembourg Stock Exchange
    ISIN-code  XS2591026856
    Prospects  Download prospectus (PDF)           
    Final terms  Download final terms (PDF)
    Green finance framework & SPO
    Green finance framework & SPO

  • GBP 2.125% Notes due 2027 – Green Bond
    Issuer  Ørsted 
    Issued amount  GBP 350 million 
    Type  Senior debt 
    Maturity date  17 May 2027 
    Issue date  16 May 2019 
    Coupon payments  Every 17 May
    Documentation  Ørsted Debt Issuance Program, May 2019 
    Rating  BBB+ stable outlook (Standard & Poor's), Baa1 stable outlook (Moody's) and BBB+ stable outlook (Fitch)  
    Listing  Luxembourg Stock Exchange
    ISIN-code  XS1997070781
    Prospects  Download prospectus (PDF)
    Final terms  Download final terms 
    Green Finance Framework Download Green Finance Framework
    Second Opinion (CICERO) Download Second Opinion (CICERO)

  • EUR 3.625% Notes due 2028 – Blue Bond
    Issuer  Ørsted A/S
    Guarantor Ørsted Wind Power TW Holding A/S
    Type  Blue Senior Unsecured 
    Issued amount  EUR 100 million 
    Outstanding EUR 100 million
    Issue date 8 June 2023
    Maturity date 8 June 2028
    Coupon 3.625%
    Documentation  Ørsted Debt Issuance Programme 
    Rating
    BBB+ (Standard & Poor’s) 
    Listing  Luxembourg Stock Exchange
    ISIN-code  XS2635408599
    Prospects 

    Download prospectus (PDF)

    Download supplement (PDF)

    Final terms  Download final terms 

  • EUR 2.250% Notes due 2028 – Green Bond
    Issuer  Ørsted 
    Issued amount  EUR 600 million 
    Type  Green Senior Unsecured 
    Maturity date  14 June 2028 
    Issue date  14 June 2022 
    Coupon payments  Every 14 June
    Documentation  Ørsted Debt Issuance Program 
    Rating  BBB+ stable outlook (Standard & Poor's), Baa1 stable outlook (Moody's) and BBB+ stable outlook (Fitch)  
    Listing  Luxembourg Stock Exchange
    ISIN-code  XS2490471807
    Prospects 

    Download prospectus (PDF)

    Download supplement (PDF)

    Final terms  Download final terms 
    Green Finance Framework & SPO Green finance framework & SPO

  • EUR 1.500% Notes due 2029 – Green Bond
     Issuer Ørsted
    Issued amount EUR 750 million
    Type Senior debt
    Maturity date 26 November 2029
    Issue date 24 November 2017
    Coupon payments Every 26 November
    Documentation Ørsted Debt Issuance Program
    Rating BBB+ stable outlook (Standard & Poor's), Baa1 stable outlook (Moody's) and BBB+ stable outlook (Fitch)
    Listing London
    ISIN-code XS1721760541
     Prospects Download prospectus (PDF)
    Download supplementary prospectus (PDF)
     Final terms Download final terms (PDF)
     Green Bond documentation Download Green Bond Framework (PDF
    Download Second Opinion (CICERO)

  • EUR 3.750% Notes due 2030 - Green Bond
    Issuer  Ørsted A/S
    Guarantor Ørsted Wind Power TW Holding A/S
    Type  Green Senior Unsecured
    Issued amount EUR 600 million
    Outstanding EUR 600 million 
    Issue date  1 March 2023
    Maturity date  1 March 2030
    Coupon  3.750%
    Documentation  Ørsted Debt Issuance Programme
    Rating  Baa1 (Moody’s), BBB+ (Standard & Poor’s), BBB+ (Fitch)  
    Listing  Luxembourg Stock Exchange
    ISIN-code  XS2591029876
    Prospects  Download prospectus (PDF)           
    Final terms  Download final terms (PDF)
    Green finance framework & SPO
    Green finance framework & SPO
  • EUR 3.250% Notes due 2031 - Green Bond
    Issuer Ørsted
    Issued amount EUR 900 million
    Type Green Senior Unsecured
    Maturity date 13 September 2031
    Issue date 13 September 2022
    Coupon payments 3.250%
    Documentation Ørsted Debt Issuance Program
    Rating BBB+ (Standard & Poor's), Baa1 (Moody's) and BBB+ (Fitch)
    Listing Luxembourg Stock Exchange
    ISIN-code XS2531569965
     Prospects

    Download prospectus (PDF) 

    Download supplement (PDF)

    Download supplement (PDF)

     Final terms Download final terms (PDF)
     Green Bond documentation Green finance frameworks & SPO 

  • GBP 4.875% Notes due 2032
    Issuer  Ørsted 
    Issued amount  GBP 750 million 
    Type  Senior debt 
    Maturity date  12 January 2032 
    Issue date  12 January 2012 
    Coupon payments  Every 12 January 
    Documentation  Ørsted Debt Issuance Program 
    Rating  BBB+ stable outlook (Standard & Poor's), Baa1 stable outlook (Moody's) and BBB+ stable outlook (Fitch)  
    Listing  London Stock Exchange
    ISIN-code  XS0730243150
    Prospects  Download prospectus (PDF)
    Download supplementary prospectus (PDF) 
    Final terms  Download final terms 

  • GBP 2.500% Notes due 2033 – Green Bond
    Issuer  Ørsted 
    Issued amount  GBP 300 million 
    Type  Senior debt 
    Maturity date  16 May 2033 
    Issue date  16 May 2019 
    Coupon payments  Every 16 May
    Documentation  Ørsted Debt Issuance Program, May 2019 
    Rating  BBB+ stable outlook (Standard & Poor's), Baa1 stable outlook (Moody's) and BBB+ stable outlook (Fitch)  
    Listing  Luxembourg Stock Exchange
    ISIN-code  XS1997070864
    Prospects  Download prospectus (PDF)
    Final terms  Download final terms 
    Green Finance Framework Download Green Finance Framework
    Second Opinion (CICERO) Download Second Opinion (CICERO)

  • EUR 2.875% Notes due 2033 – Green Bond
    Issuer  Ørsted 
    Issued amount  EUR 750 million 
    Type  Green Senior Unsecured 
    Maturity date  14 June 2033
    Issue date  14 June 2022 
    Coupon payments  Every 14 June
    Documentation  Ørsted Debt Issuance Program
    Rating  Baa1 stable outlook (Moody's), BBB+ stable outlook (Standard & Poor's), and BBB+ stable outlook (Fitch)  
    Listing  Luxembourg Stock Exchange
    ISIN-code  XS2490472102
    Prospects 

    Download prospectus (PDF)

    Download supplement (PDF)

    Final terms  Download final terms 
    Green Finance Framework & SPO Green finance framework & SPO

  • GBP 0.375% CPI linked Notes due 2034 – Green Bond
    Issuer  Ørsted 
    Issued amount  GBP 250 million 
    Type  Senior debt 
    Reference Index U.K. Consumer Price Index (for all items) published by the Office for National Statistics (2015 = 100)
    Maturity date  16 May 2034 
    Issue date  16 May 2019 
    Coupon payments  Every 16 May and 16 November
    Documentation  Ørsted Debt Issuance Program
    Rating  BBB+ stable outlook (Standard & Poor's), Baa1 stable outlook (Moody's) and BBB+ stable outlook (Fitch)  
    Listing  Luxembourg Stock Exchange
    ISIN-code  XS1997071086
    Prospects  Download prospectus (PDF)
    Final terms  Download final terms 
    Green Finance Framework Download Green Finance Framework
    Second Opinion (CICERO) Download Second Opinion (CICERO)

  • GBP 5.125% Notes due 2034 - Green Bond
    Issuer Ørsted
    Issued amount GBP 375 million
    Type Green Senior Unsecured
    Maturity date 13 September 2034
    Issue date 13 September 2022
    Coupon payments 5.125%
    Documentation Ørsted Debt Issuance Program
    Rating BBB+ (Standard & Poor's), Baa1 (Moody's) and BBB+ (Fitch)
    Listing Luxembourg Stock Exchange
    ISIN-code XS2531570039
     Prospects

    Download prospectus (PDF) 

    Download supplement (PDF)

    Download supplement (PDF)

     Final terms Download final terms (PDF)
     Green Bond documentation Green finance frameworks & SPO 

  • EUR 4.125% Notes due 2035 - Green Bond
    Issuer  Ørsted A/S
    Guarantor Ørsted Wind Power TW Holding A/S
    Type  Green Senior Unsecured
    Issued amount EUR 700 million
    Outstanding EUR 700 million 
    Issue date  1 March 2023
    Maturity date  1 March 2035
    Coupon  4.125%
    Documentation  Ørsted Debt Issuance Programme
    Rating  Baa1 (Moody’s), BBB+ (Standard & Poor’s), BBB+ (Fitch) 
    Listing  Luxembourg Stock Exchange
    ISIN-code  XS2591032235
    Prospects  Download prospectus (PDF)           
    Final terms  Download final terms (PDF)
    Green finance framework & SPO
    Green finance framework & SPO
  • GBP 5.750% Notes due 2040
    Issuer  Ørsted 
    Issued amount  GBP 500 million 
    Type  Senior debt 
    Maturity date  9 April 2040 
    Issue date  9 April 2010 
    Coupon payments  Every 9 April 
    Documentation  Ørsted Debt Issuance Program 
    Rating  BBB+ stable outlook (Standard & Poor's), Baa1 stable outlook (Moody's) and BBB+ stable outlook (Fitch)  
    Listing  London Stock Exchange
    ISIN-code  XS0499449261
    Prospects  Download prospectus (PDF)           
    Final terms  Download final terms (PDF)

  • GBP 5.375% Notes due 2042 - Green Bond
    Issuer Ørsted
    Issued amount GBP 575 million
    Type Green Senior Unsecured
    Maturity date 13 September 2042
    Issue date 13 September 2022
    Coupon payments 5.375%
    Documentation Ørsted Debt Issuance Program
    Rating BBB+ (Standard & Poor's), Baa1 (Moody's) and BBB+ (Fitch)
    Listing Luxembourg Stock Exchange
    ISIN-code XS2531570112
     Prospects

    Download prospectus (PDF) 

    Download supplement (PDF)

    Download supplement (PDF)

     Final terms Download final terms (PDF)
     Green Bond documentation Green finance frameworks & SPO 

  • EUR 1.750% Subordinated Capital Securities due 3019 – Green Bond
    Issuer Ørsted
    Issued amount EUR 600 million
    Type Hybrid capital (subordinated)
    Maturity date 9 December 3019 (NC 8)
    Issuer call date at par 9 December 2027 (Year 8)
    Issue date 9 December 2019
    Coupon Fixed coupon during the first 8 years (9 December 2019 – 9 December 2027) of 1.750% per year, whereafter the interest rate is adjusted every five years with the 5 year EUR Swap Rate plus 1.952 %-points from 9 December 2027, plus 2.02%-points from 9 December 2032 and plus 2.952%-points from 9 December 2047.
    Coupon payments Every 9 December
    Documentation Standalone euro bond documentation
    Rating BB+ stable outlook (Standard & Poor’s), Baa3 negative outlook (Moody’s) and BBB- stable outlook (Fitch)
    Listing  Luxembourg Stock Exchange
    ISIN-code XS2010036874
    Prospects

    Download prospectus (PDF)
    Term sheet (PDF)
    Green Finance Framework (PDF)


  • EUR 1.500% Subordinated Capital Securities due 3021 – Green Bond
    Issuer Ørsted A/S
    Issued amount EUR 500 million
    Type Hybrid capital (subordinated)
    Maturity date 18 February 3021
    Issuer call date at par 18 February 2031
    Issue date 18 February 2021
    Coupon Fixed coupon during the first 10 years (18 February 2021 - 18 February 2031) of 1.500% per year, whereafter the interest rate is adjusted every 5 years with the 5-year EUR swap plus 1.86%-points from 18 February 2031 and plus 2.61%-points from 18 February 2051
    Coupon payments Every 18 February
    Documentation Standalone bond documentation (Prospectus)
    Rating BB+ (Standard & Poor's), Baa3 (Moody's) and BBB- (Fitch)
    Listing  Luxembourg Stock Exchange and inscribed on the Luxembourg Green Exchange platform
    ISIN-code XS2293075680
    Prospects

    Download prospectus (PDF)
    Term sheet (PDF)

    Green Bond documentation

    Download Green Finance Framework (PDF)
    Download Second Opinon (CICERO) (PDF)


  • GBP 2.500% Subordinated Capital Securities due 3021 – Green Bond
    Issuer Ørsted A/S
    Issued amount GBP 425 million
    Type Hybrid capital (subordinated)
    Maturity date 18 February 3021
    Issuer call date at par 18 February 2033
    Issue date 18 February 2021
    Coupon Fixed coupon during the first 12 years (18 February 2021 - 18 February 2033) of 2.500% per year, whereafter the interest rate is adjusted every 5 years with the 5-year Benchmark Gilt plus 2.136%-points from 18 February 2033 and plus 2.886%-points from 18 February 2053
    Coupon payments Every 18 February
    Documentation Standalone bond documentation (Prospectus)
    Rating BB+ (Standard & Poor's), Baa3 (Moody's) and BBB- (Fitch)
    Listing  Luxembourg Stock Exchange and inscribed on the Luxembourg Green Exchange platform
    ISIN-code XS2293681685
    Prospects

    Download prospectus (PDF)
    Term sheet (PDF)

    Green Bond documentation Green Finance Framework (PDF)
    Download Second Opinon (CICERO) (PDF)

  • EUR 5.250% Subordinated Capital Securities due 3022 – Green Bond
    Issuer Ørsted A/S
    Guarantor
    n/a
    Type Green Hybrid Capital, Subordinated
    Issued amount EUR 500 million
    Outstanding amount EUR 500 million
    Issue date 8 December 2022
    Maturity date 8 December 3022
    Issuer call date at par 8 December 2028
    Coupon Fixed coupon during the first 6 years (2022-2028) of 5.250% p.a., whereafter the interest rate is adjusted every 5 years with the 5-year EUR swap plus 2.619%-points from 8 Dec 2028 and plus 2.869%-points from 8 Dec 2033 and plus 3.619%-points from 8 Dec 2048
    Documentation Stand-alone Prospectus
    Rating BB+ (S&P), Baa3 (Moody's) and BBB- (Fitch)
    Listing  Luxembourg Stock Exchange
    ISIN-code XS2563353361
    Prospects

    Download prospectus (PDF)

    Final terms Download term sheet (PDF)
    Green finance framework & SPO

    Download green finance framework & SPO

    Trust deed Download trust deed (PDF)
    Agency agreement Download agency agreement (PDF)

  • EUR 5.125% Subordinated Capital Securities due 3024 - Green Bond
    Issuer Ørsted A/S
    Guarantor
    n/a
    Type Green Hybrid Capital, Subordinated
    Issued amount EUR 750 million
    Outstanding amount EUR 750 million
    Issue date 14 March 2024
    Maturity date 14 March 3024
    First Reset Date 14 December 2029
    Coupon Fixed coupon during the first 5.75 years (2024-2029) of 5.125% p.a., whereafter the interest rate is adjusted every 5 years with the 5-year EUR mid-swap plus 2.590%-points from 14 Dec 2029 and plus 2.840%-points from 14 Dec 2034 and plus 3.590%-points from 14 Dec 2049
    Documentation Ørsted EMTN Debt Issuance Programme
    Rating BB (S&P), Baa3 (Moody's) and BBB- (Fitch)
    Listing  Luxembourg Stock Exchange
    ISIN-code XS2778385240
    Prospects

    Download prospectus (PDF)

    Final terms Download term sheet (PDF)
    Green finance framework & SPO Link to green finance framework & SPO
    Trust deed Download trust deed (PDF)
    Agency agreement Download agency agreement (PDF)

Outstanding bonds - Ørsted Wind Power TW Holding A/S
  • TWD 0.920% Notes due 2026 - Green bond 
    Issuer  Ørsted 
    Issued amount  TWD 4 billion 
    Type  Senior debt 
    Guarantor Ørsted A/S
    Maturity date  19 November 2026
    Coupon payments  Fixed until expiry (0.920% p.a.)
    Documentation  Ørsted Debt Issuance Program, 4 November 2019
    Rating  twAA from Taiwan Rating (A subsidiary of Standard & Poor’s) 
    Listing  Taipei Exchange
    ISIN-code  TW000F156013
    Prospects  Download prospectus (PDF)
    Final terms Download Final Terms (PDF)
    Green Finance Framework
    Download Green Finance Framework (PDF)
    Second Opinion
    Download Second Opinion (PDF)

  • TWD 0.60% Notes due 2027 - Green bond
    Issuer  Ørsted 
    Issued amount  TWD 4 billion 
    Type  Senior debt 
    Guarantor Ørsted A/S
    Maturity date  13 November 2027
    Coupon payments  Fixed until expiry (0.6% p.a.)
    Documentation  Ørsted Debt Issuance Programme, 13 November 2020 
    Rating  twAA Taiwan Rating (a subsidiary of Standard & Poor's)
    Listing  Taipei Exchange
    ISIN-code  TW000F156039
    Prospects  Download prospectus (PDF)
    Final terms Download Final Terms (PDF)
    Green Finance Framework
    Download Green Finance Framework (PDF)
    Second Opinion
    Download Second Opinion (PDF)

  • TWD 0.70% Notes due 2030 - Green bond
    Issuer  Ørsted 
    Issued amount  TWD 3 billion 
    Type  Senior debt 
    Guarantor Ørsted A/S
    Maturity date  13 November 2030
    Coupon payments  Fixed until expiry (0.7% p.a.)
    Documentation  Ørsted Debt Issuance Programme, 13 November 2020 
    Rating  twAA Taiwan Rating (a subsidiary of Standard & Poor's)
    Listing  Taipei Exchange
    ISIN-code  TW000F156047
    Prospects  Download prospectus (PDF)
    Final terms Download Final Terms (PDF)
    Green Finance Framework
    Download Green Finance Framework (PDF)
    Second Opinion
    Download Second Opinion (PDF)

  • TWD 1.500% Notes due 2034 - Green bond
    Issuer  Ørsted 
    Issued amount  TWD 8 billion 
    Type  Senior debt 
    Guarantor Ørsted A/S
    Maturity date  19 November 2034
    Coupon payments  Fixed until expiry (1.500%  p.a.)
    Documentation  Ørsted Debt Issuance Program, 4 November 2019
    Rating  twAA from Taiwan Rating (A subsidiary of Standard & Poor’s) 
    Listing  Taipei Exchange
    ISIN-code  TW000F156021
    Prospects  Download prospects (PDF)
    Final terms Download final terms (PDF)
    Green Finance Framework Download Green Finance Framework (PDF)
    Second Opinion
    Download Second Opinion (PDF)

  • TWD 0.98% Notes due 2040 - Green bond
    Issuer  Ørsted 
    Issued amount  TWD 8 billion 
    Type  Senior debt 
    Guarantor Ørsted A/S
    Maturity date  13 November 2040
    Coupon payments  Fixed until expiry (0.98% p.a.)
    Documentation  Ørsted Debt Issuance Programme, 13 November 2020
    Rating  twAA Taiwan Rating (a subsidiary of Standard & Poor's)
    Listing  Taipei Exchange
    ISIN-code  TW000F156054
    Prospects  Download prospectus (PDF)
    Final terms Download Final Terms (PDF)
    Green Finance Framework
    Download Green Finance Framework (PDF)
    Second Opinion
    Download Second Opinion (PDF)

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