Variable-Rate PV-Invest Green Bond 2023–2033
Project
The net proceeds from the issuance of the bonds will be used by the Issuer to acquire or construct new photovoltaic and hydropower plants, particularly, but not exclusively, in Italy and Greece, as well as to renovate and maintain existing power plants.
The bond issuance will not be used to refinance the Company’s existing bonds.
Detailed information about the bond and the associated risks can be found in the securities prospectus. The approved/notified securities prospectus is available free of charge on the Company’s website at www.pv-invest.com and at PV-Invest GmbH, Lakeside B07, A-9020 Klagenfurt, Austria.
Issuer
PV-Invest GmbH
Type of security
Non-subordinated, bearer bonds with a variable interest rate
Term
120 months
Issue price
101%
Interest rate
100 basis points above the 3-month Euribor (rounded commercially), with an annual reference date of 31 October. The rate is variable throughout the term and is calculated on the outstanding principal amount. The interest rate for the first interest period is based on the 3-month Euribor as of 30 September 2023.
Interest type
Variable
Interest payment date
15 November, for the first time on 15 November 2024
Repayment amount
100%
Repayment date
15 November 2033, at face value
Currency
Euro
Issue volume
Up to €20 million
Denomination
€ 1.000,-
ISIN
AT0000A37UW9
Download further prospectuses and useful information about our new bonds here.
The securities prospectus, approved by the Luxembourg financial supervisory authority (Commission de Surveillance du Secteur Financier – “CSSF”) on 13 October 2023 and notified to the German Federal Financial Supervisory Authority (“BaFin”), the Austrian Financial Market Authority (“FMA”) and the Slovenian Securities Market Agency (“Agencija za trg vrednostnih papirjev”), together with the corresponding final bond terms and conditions, can be downloaded here.
Base Prospectus for PV-Invest GmbH’s 2023 Bond Issuance Programme (PDF)
First Supplement to the Base Prospectus for PV-Invest GmbH’s 2023 Bond Issuance Programme (PDF)
The bond issuance period was extended until 15 June 2024. New terms and conditions apply from 17 February 2024.
PV-Invest Green Bond 2023 Promotional Brochure – February 2024 (PDF)
Offer-Specific Summary 2023–2028 – February 2024 (PDF)
Offer-Specific Summary 2023–2033 – February 2024 (PDF)
The terms and conditions that applied until 16 February 2024 can be downloaded here.
PV-Invest Green Bond 2023 Promotional Brochure (PDF)