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Terna Environmental & Social Information 2024
4300_rns_2024-05-29_37906072-245f-4a00-8047-1a597dcd30a5.pdf
Environmental & Social Information
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TERNA SIGNS AN ESG-LINKED REVOLVING CREDIT FACILITY FOR €250 MILLION
The transaction confirms the central role that sustainability plays in Terna's strategy
Rome, 29 May 2024 – Terna S.p.A. ("Terna" or the "Company") signed today an ESG-linked Revolving Credit Facility Agreement for a total amount of euro 250 million.
The credit line will have a term of 5 years with a mechanism based on bonuses and penalties applied to the contractual provisions related to the margin and linked to the trend of Terna's performance in relation to specific environmental, social and governance ("ESG") indicators.
The term loan was signed with Intesa Sanpaolo S.p.A.
The transaction allows Terna to count on a liquidity appropriate to its financial soundness and confirms the Group's strong commitment to the introduction of a model which aims to reinforce sustainability as a strategic lever for creating value for all its stakeholders.
