Capital/Financing Update • Jul 14, 2025
Capital/Financing Update
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Bucharest, 14 July 2025 - Societatea Energetică Electrica S.A. ("Electrica") announces investors that on 14 July 2025 the inaugural green bonds issuance closed successfully and the bonds were admitted to trading on the Luxemburg Stock Exchange (https://www.luxse.com/security/XS3111004241/435107).
The main characteristics of the green bonds issuance:
Fitch rating agency has assigned the EUR500 million 4.375% senior unsecured green notes due 14 July 2030 a 'BBB-' rating, in line with the expected rating that Fitch assigned on 2 July 2025 (details here: https://www.fitchratings.com/research/corporate-finance/fitch-assigns-electrica-eur500-million-4-375-seniorunsecured-notes-bbb-final-rating-14-07-2025) .
The proceeds from this issuance will be used to finance and/or refinance Eligible Green Projects as defined in Electrica's Green Finance Framework (please see here: https://www.electrica.ro/en/investors/bonds/). These are mainly aimed at developing the green production and the electricity storage capacity of Electrica Group.
Admission to trading on the Bucharest Stock Exchange is estimated to take place at the beginning of August 2025.
All the documents related to the bonds issuance (Prospectus, Green Finance Framework, SPO, Deed of Covenants) are available on Electrica's website at https://www.electrica.ro/en/investors/bonds/.
More details about the issuance can be found in Electrica's announcement dated 7 and 10 July 2025.
IR Contact: [email protected] ; Phone: +40 731 796 111
CEO Alexandru Chirita
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