Bruun & Hjejle advises underwriters in Ørsted's rights issue

The underwriting syndicate comprised:

• Morgan Stanley & Co. International plc, BNP PARIBAS, Danske Bank A/S and J.P. Morgan SE (Joint Global Coordinators and Joint Bookrunners)
• BofA Securities Europe SA and Goldman Sachs International (Joint Bookrunners)
• Crédit Agricole Corporate and Investment Bank, Deutsche Bank Aktiengesellschaft, Nordea Danmark, filial af Nordea Bank Abp, Finland, Coöperatieve Rabobank U.A., Skandinaviska Enskilda Banken, Danmark, filial af Skandinaviska Enskilda Banken AB (publ), Sverige, and SMBC Bank EU AG (Co-Bookrunners)

The offering is expected to raise gross proceeds of approximately DKK 60 billion to strengthen Ørsted’s capital structure and increase its financial flexibility.