(Finance) – FS Italiane’s Board of Directors has approved the issue of new bonds and the use of other medium / long-term funding instruments for a maximum total amount of 3 billion euros.
The emissions, from the EMTN program listed on the Dublin Stock Exchangewill be reserved for institutional investors.
The proceeds raised on the debt capital market in 2022 they will finance the investment needs of the FS Italiane Group. In particular, they will be used for the purchase of new trains for regional passenger transport and for medium and long-distance transport, including internationally, as well as for the High Speed / High Capacity railway infrastructure.
As part of the new EMTN bond issues, FS Italiane is also planning new green operations aimed at financing the investments mentioned above.