Statkraft exercises call option on EUR 500 million green bond
Statkraft is moving to redeem a EUR 500 million green bond ahead of its scheduled December 2026 maturity. The company plans to repay the notes in full on 13 November 2026 and is also seeking to remove them from trading on Euronext Dublin.
Highlights
- Statkraft will redeem its EUR 500,000,000 3.125% Green Notes (ISIN XS2723597923) early on 13 November 2026 by exercising its issuer call option.
- Redemption will be at 100% of the notes' calculation amount plus accrued interest, bringing forward repayment by one month from the original maturity date.
- Statkraft plans to apply for delisting of the Green Notes from Euronext Dublin following the full redemption of the bond issue.
Redemption terms and timing
As reported by London Stock Exchange, Statkraft has decided to exercise its issuer call option on its EUR 500,000,000 3.125 per cent Green Notes due 13 December 2026, identified by ISIN XS2723597923.The company says it has given irrevocable notice to noteholders that it will redeem all outstanding notes, and not only part of the issue, on 13 November 2026. The redemption price is set at 100 per cent of the notes' calculation amount, together with accrued interest up to but excluding the optional redemption date.
Market and listing implications
The move brings forward repayment of the debt by one month relative to the stated December 2026 maturity, marking a balance sheet action in Statkraft's green financing portfolio.Statkraft also says it will apply to delist the notes from Euronext Dublin, a step that typically follows full redemption of a bond issue.
In our earlier article on Mario Draghi’s warning about the trade-off between fighting inflation and sustaining long-term growth, we outlined how keeping interest rates above growth rates can worsen debt dynamics and raise pressure for tighter fiscal policy. We also noted his argument that central banks should control inflation while avoiding unnecessarily restrictive rate paths that could curb productive investment, alongside proposals to support investment through EU-level market integration and targeted budget measures.