(Finance) – A2A successfully completed the placement of its own today European Green Bond inaugural from 500 million euros and duration of 10 yearsthe first to market for this new instrument from a European corporate issuer. The European Green Bond has received considerable interest orders from investors for a total of 2.2 billion euros, approximately 4.4 times the amount offered. The title was placed at a issue price equal to 99.080% and will have a yield annual equal to 3.737% and a fixed coupon equal to 3.625%, with a spread of 125 basis points compared to the reference mid-swap rate.
THE titlesregulated by English law and intended for institutional investors, were issued under the European Medium Term Notes Programme approved in December 2024 (and updated via Supplement in January 2025) by the National Commission for Companies and the Stock Exchange (CONSOB) and will be admitted to listing, subject to the signing of the relevant contractual documentation, on the Telematic Bond Market (MOT) managed by Borsa Italiana starting January 30, 2025.
In accordance with the provisions of the EU Regulation 2023/2631the net proceeds from the issue will go to finance or refinance projects as indicated in Factsheet verified by Sustainable Fitchwhich will be published by the issue date in the specific Sustainable Finance section of the A2A website, without resorting to the use of the flexibility pocket. The selected projects will be 100% aligned with the European Taxonomy, central to implementing the Group’s Strategic Plan in the field of energy transition and circular economy, such as the development of electricity networks and renewable sources, energy efficiency and collection of waste.
“With this bond issue, A2A confirms itself as a point of reference in the development of sustainable finance tools. This new product, together with the ESG tools already adopted by the Group, supports the path towards the ecological transition thanks to investments aligned with the European Taxonomy, as envisaged in the Strategic Plan – he commented Luca MoroniCFO of A2A –. Furthermore, with this issue A2A becomes the first Italian corporate issuer with a bond issued under the EMTN Program approved by the domestic authority. This operation further strengthens the existing link between financial strategy and sustainable strategy and brings us closer to the target of 90% sustainable financing sources expected for 2030″.