(Alliance News) - A2A announced that it has successfully placed a new EUR500 million "Green Bond" with an 11-year maturity. The issue registered great interest by receiving orders for about EUR2.2 billion, about 4 times the amount offered.

The bond, intended for institutional investors and issued under the "Euro Medium Term Notes Program," is based on the Group's Sustainable Finance Framework, the set of guidelines that strengthen the link between financial strategy and sustainable strategy.

The bond was placed at an issue price of 98.824 percent, will have an annual yield of 4.513 percent and a coupon of 4.375 percent, with a spread of 167 basis points over the mid swap reference rate.

A2A ended Friday's session in the green by 0.6 percent at EUR1.41 per share.

By Maurizio Carta, Alliance News reporter

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