Romania's utility group Electrica issues EUR 500 mln FX bonds on foreign markets
Electrica, the Romanian state-majority-owned energy group, has successfully raised EUR 500 million through its first-ever green bond issuance, marking the largest corporate green bond placement in Romania outside the financial sector. The…
iulian ernst · Journalist
· Updated · 2 min read
Electrica, the Romanian state-majority-owned energy group, has successfully raised EUR 500 million through its first-ever green bond issuance, marking the largest corporate green bond placement in Romania outside the financial sector. The announcement was made on July 7, following the bond's listing notification on the Bucharest Stock Exchange.
The five-year bonds carry a coupon of 4.566% per year and were met with strong investor interest, with demand exceeding the supply by nearly 12 times, according to data published by Ziarul Financiar.
