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Iberdrola ( (IBDRY) ) has shared an announcement.
Iberdrola Finanzas, a wholly owned subsidiary of Iberdrola, has priced a €600 million issue of green perpetual subordinated notes in the euro market, fully guaranteed on a subordinated basis by Iberdrola. The notes, issued in €100,000 denominations at par, carry a fixed annual coupon of 3.95% until March 9, 2033, after which the rate will reset every five years to the prevailing 5‑year swap rate plus step-up margins.
From the first reset date, margins will range from 1.420% to 2.420% depending on the reset period, and Iberdrola Finanzas may defer interest payments without triggering default, with deferred amounts becoming cumulative and payable under defined conditions. The issuer also retains call options to redeem the securities on specified dates or in certain circumstances, and the transaction, placed by a syndicate of international banks under the EMTN programme, is expected to settle on March 9, 2026, reinforcing Iberdrola’s access to hybrid, green-aligned funding instruments within European capital markets.
The most recent analyst rating on (IBDRY) stock is a Buy with a $100.00 price target. To see the full list of analyst forecasts on Iberdrola stock, see the IBDRY Stock Forecast page.
More about Iberdrola
Iberdrola is a global energy group based in Spain, operating primarily in the electricity sector through generation, distribution, and retail activities. The company has a strong focus on renewable energy and sustainable financing, frequently using green-labelled instruments to support its transition and infrastructure investments in European and international markets.
Average Trading Volume: 64,927
Technical Sentiment Signal: Buy
Current Market Cap: $158.4B
See more data about IBDRY stock on TipRanks’ Stock Analysis page.