ECONOMY

Terna to issue €300 mln common bond loan

terna-to-issue-e300-mln-common-bond-loan

GEK Terna on Tuesday announced the issue of a 300-million-euro common bond loan.

The company’s board approved the bond issue plan, which will be linked to a sustainability clause.

The bond will be of a seven-year duration and will be distributed to investors in a public offering.

The bonds will be listed in the fixed-income category of the Athens Stock Exchange.

Issuance is dependent on market conditions.