Terna — Environmental & Social Information 2022

Feb 28, 2022

TERNA SIGNED AN ESG-LINKED CREDIT FACILITY FOR €300 MILLION

The transaction confirms the central role that sustainability plays in Terna's strategy

Rome, 28 February 2022 – Terna signed today a bilateral ESG-linked Term Loan for a total amount of €300 million with Intesa Sanpaolo – Divisione IMI Corporate & Investment Banking as the Original Lender and Sustainability Coordinator. The line of credit will have a term of 2 years and an interest rate linked to Terna's performance in relation to specific environmental, social and governance (ESG) indicators.

Following the success of the Green Hybrid Bond issued at the beginning of February, this new transaction reinforces the integration of the sustainability goals into the company's business strategy, which aims to combine sustainability and growth through a mechanism linked to the Company's performance in relation to ESG indicators and is a testament to Terna's leadership role in sustainable finance.

The transaction allows Terna to count on a liquidity appropriate to its current rating and confirms the Group's strong commitment to the introduction of a model which increasingly aims to reinforce sustainability as a strategic lever for creating value for all its stakeholders.