BUSINESS

Terna Energy Finance to launch green bond tender offer Oct. 16

TAGS: Finance

Terna Energy Finance, the financing arm of Terna Energy, will launch a tender on Oct. 16 for a green bond loan of up to 150 million euros, it said on Monday.

The offer for the seven-year bond will end on Oct. 18, it said.

A source at Terna Energy said that about 90 million euros from the bond will be used to build a wind park in Greece and to buy one in the United States.

Eurobank and National Bank are the lead underwriters for the issue. [Reuters]

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