Germany, June 12 -- RWE has successfully issued a hybrid bond with a total volume of €1 billion. The bond was issued in two tranches of €500 million each, with 30-year maturities and first call dates of 5.25 years and 8 years, respectively. For the first tranche, the yield-to-maturity amounts to 4.2%, based on a coupon of 4.125% p.a. and an issuance price of 99.653%. For the second tranche, the yield-to-maturity amounts to 4.7%, based on a coupon of 4.625% p.a. and an issuance price of 99.509%.The placement was met with very strong investor interest and the order book was more than 10 times oversubscribed at €10.5 billion.With this issuance, RWE re-enters the hybrid bond market, further diversifying its funding options to ...