Home Business & Finance Terna Energy Finance to launch green bond tender offer October 16
Terna Energy Finance to launch green bond tender offer October 16

Terna Energy Finance to launch green bond tender offer October 16

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

ATHENS: 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.

Source: reuters
Anand Gupta Editor - EQ Int'l Media Network