GEK TERNA: Strong demand for the 300 million euro bond with a sustainability clause

0

The demand for the bond of 300 million euros with a sustainability clause of GEK TERNA is increased, as the investors show great interest during the first two days of the public offer. The offer book will close today at 16:00.

GEK TERNA’s bond will be for seven years with a “sustainability clause”, the return of which will be linked to the financial performance of the group.

The interest rate (return) of the security will be increased by 0.20%, in case of non-achievement by the company of the Sustainable Objective interest rate (return) of the title will be increased by 0.20%, in case of non-achievement by the company of the Sustainable Performance Objective , as specified in the Framework, as well as in case of improper publication by the Company and verification by a certified external expert of the information it must publish under the Framework.

Leave A Reply

Your email address will not be published.