EMTN / DIP and CP

Further financing instruments

EMTN / Debt Issuance Programme (DIP)

RWEs "Euro Medium Term Notes" (EMTN), also called "Debt Issuance Programme" (DIP), is a flexible financing instrument to issue senior bonds and private placements. It is our major tool for long-term refinancing on the capital market. 

Issuer RWE AG
RWE Finance Europe B.V.
Volume EUR 15 billion, no restrictions on currencies
Term Up to 30 years
Issuance Public bonds or private placements; unsecured and unsubordinated, no financial covenants
Listing Luxembourg SE
Documentation Updated once a year with one year validity

Here you may find all relevant details on RWE’s Debt issuance Programme.

Commercial Paper Programmes (CP)

For short-term refinancing, we have two Commercial Paper Programmes. The European programme enables RWE to issue short-term notes of up to EUR 5 billion and the US programme up to USD 3 billion on the money market.

EUR Commercial Paper Programme

Issuer RWE AG
Volume EUR 5 billion, no currency restrictions
Term Up to 364 days
Dealers Barclays, Bayern LB, BNP Paribas, Citigroup, Commerzbank, DZ BANK, Landesbank Baden-Württemberg, NatWest Markets, Société Générale
Issuing and Paying Agent Deutsche Bank

Here you may find all relevant details on RWE’s Commercial Paper Programme.

USD Commercial Paper Programme

Issuer RWE AG
Volume USD 3 billion
Term Up to 364 days