Depending on the characteristics, maturity and the purpose Alliander uses various financing instruments. Alliander's main financing sources are:
The EMTN programme allows the issue of bonds with maturities above two years in a number of currencies with a maximum aggregate principal amount of bonds outstanding of EUR 3,000,000,000. Under ‘Bond issues’ more information can be found on the bonds issued under this programme.
Arranger: Citi. Dealers: Barclays Capital, Citi, ING Commercial Banking, Morgan Stanley N.V. Bank Nederlandse Gemeenten and Rabobank International.
The ECP programme allows the issue of ECP-Notes with a maturity of one day up to two years in a number of currencies with a maximum aggregate principal amount of Notes outstanding of Euro 1,500,000,000.
Arranger: Citi. Dealers: Barclays Capital, Citi and ING Commercial Banking
Alliander has a number of loans with insurance companies, pension funds, municipalities and provinces.
This committed credit facility of EUR 600,000,000 expires in July 2016 and can be used for general corporate purposes. The facility serves as back-up facility and has not been used since the start date. Alliander has two options (in 2012 and 2013) to extend the maturity of this facility by one year each.
The banks involved in this credit facility are Bank Nederlandse Gemeenten, Barclays Capital, Citigroup, ING Bank, Rabobank and Morgan Stanley.
