GEK TERNA: Strengthens Presence in International Bond Markets After Investment Grade
6 Articles
6 Articles
The company gains access to the international Eurobond market through a new EMTN program, leveraging investment grade from S&P and Moody’s, with the ability to issue bonds and flexibly raise capital from investors
It is addressed to qualified investors within the meaning of Regulation (EU) 2017/1129.
GEK TERNA S.A. announced a program to issue EMTN medium-term notes for qualified investors, in accordance with the Regulation on prospectuses. In particular, GEK TERNA S.A. announced the establishment of a Euro Medium Term Note Programme (the “EMTN Programme”), which is addressed to qualified investors within the meaning of Regulation (EU) 2017/1129. The establishment of the EMTN Programme follows the assignment of the Company’s first investment…
According to today's announcement (14/10), GEK TERNA is proceeding with the creation of a Euro Medium Term Notes (EMTN) Program, which constitutes another decisive step in its development path. Specifically, as stated in the same announcement: "Following the acquisition of an Investment Grade rating by S&P Global Ratings (BBB) and Moody's (Baa3), the creation of an EMTN Program confirms the continuous institutional upgrade of the Group's financi…
The announcement is attached. Announcement
It will have access to the Eurobond market, taking advantage of the favorable opportunities that the market provides for investment grade issuers.
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