TenneT Holding B.V. is a Dutch electricity transmission system operator responsible for maintaining and expanding the high-voltage electricity grid in the Netherlands and large parts of Germany.
An in-depth analysis reveals details of a significant perpetual bond, ISIN XS0484213268, issued by TenneT Holding B.V., the prominent Dutch-German electricity transmission system operator (TSO) wholly owned by the Dutch State, underscoring its strategic importance within the European energy infrastructure. This bond, issued from the Netherlands in EUR, carries a fixed coupon rate of 6.655% and is structured to provide annual interest payments, reflecting its perpetual maturity with no fixed redemption date. The total issuance size stands at EUR 500,000,000, with a minimum trading lot established at EUR 50,000, and is currently observed to be trading at its par value of 100% on the market.
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