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Ørsted to Fully Redeem €700 Million Bond Ahead of 2026 Maturity

Story Highlights
  • Ørsted will redeem in full its €700 million 3.625% notes at par plus accrued interest on 2 February 2026.
  • Following early redemption, the bond will be delisted in Luxembourg, streamlining Ørsted’s debt and affecting existing noteholders.
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Ørsted to Fully Redeem €700 Million Bond Ahead of 2026 Maturity

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An announcement from Orsted ( (DOGEF) ) is now available.

Ørsted has exercised its call option to redeem in full its EUR 700 million 3.625% notes due 1 March 2026, issued in March 2023, and will repay them at par plus accrued interest on 2 February 2026. Once the redemption is completed, the bonds will be delisted from the Luxembourg Stock Exchange, simplifying Ørsted’s capital structure and removing this specific euro-denominated issue from its debt stack, with operational implications mainly for bondholders who will receive early repayment via the clearing systems.

More about Orsted

Ørsted is a Denmark-headquartered renewable energy company that develops, constructs and operates offshore and onshore wind farms, solar farms, energy storage facilities and bioenergy plants, with a strategic focus on enabling a global transition to green energy. Listed on Nasdaq Copenhagen, the company generated revenue of DKK 71.0 billion (EUR 9.5 billion) in 2024 and is recognised as a climate leader, including having the first science-based net-zero target validated by the Science Based Targets initiative in the energy sector.

For an in-depth examination of DOGEF stock, go to TipRanks’ Overview page.

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