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Notice of Redemption in relation to EUR 1.1 billion outstanding Perpetual Capital Securities
On 9 April 2024, TenneT Holding B.V. as Issuer, has noticed the Securityholders of TenneT's €1,100,000,000 Fixed-to-Reset Rate Perpetual Capital Securities issued on 12 April 2017 that TenneT has elected to call and redeem, and will redeem, pursuant to the Issuer's call option all of its outstanding Securities on 31 May 2024.
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1 Minutes
Last updated
10/04/2024
The Securities will be redeemed at their principal amount together with any interest accrued thereon, including any Arrears of Interest, up to (but excluding) the Redemption Date.
Read the full text of the Notice of Redemption.
Definitions
Unless the context otherwise requires, capitalised terms used but not defined herein have the same meaning as assigned thereto in the Terms & Conditions of the Capital Securities (the"Conditions") set forth in the prospectus dated 10 April 2017 for the Capital Securities.
Contacts
![Foto Gerard Kits](/_next/image?url=https%3A%2F%2Ftennet-drupal.s3.eu-central-1.amazonaws.com%2Fdefault%2F2022-06%2FGerard%2520Kits.jpg&w=3840&q=75)
Gerard Kits
Head of TreasuryContact