Terna — Capital/Financing Update 2024

Apr 15, 2024

TERNA: AGREEMENT AIMED AT INCREASING THE TOTAL AMOUNT OF THE ESG-LINKED REVOLVING CREDIT FACILITY SIGNED ON 12 MAY 2023

Rome, 15 April 2024 – Terna S.p.A. has signed today an amendment and restatement agreement aimed at increasing to € 2.255 billion the total amount of the ESG-linked Revolving Credit Facility signed on 12 May 2023, equal to € 1.8 billion, with a pool of banks taking part in the transaction as Joint Mandated Lead Arrangers: Intesa Sanpaolo, BNP Paribas, Banco Santander, Cassa Depositi e Prestiti, Unicredit and SMBC.

The increase equal to a total amount of 450 million Euros came through the takeover, in the aforementioned pool of credit institutions, of 'CaixaBank, S.A., Italian Branch' and 'Crédit Agricole Corporate and Investment Bank – Milan Branch' as new financing institutions. All other terms and conditions of the ESG-linked Revolving Credit Facility signed on 12 May 2023 remain unchanged¹ .

¹ https://www.terna.it/en/media/press-releases/detail/refinances-esg-linked-revolving-credit-facility