Il Management Board of A2A SpA has given the green light for the issue of bonds up to a maximum of one billion euro which, reads the press release released by the company, “will be placed with qualified investors and will be requested from here admission to listing on the Luxembourg Stock Exchange“. The decision is part of the 2 billion EMTN program approved in September.
The board met today and gave a mandate to the president Graziano Tarantini and to the general director Renato Ravanelli "to implement the resolution and in particular to establish the conditions of the bond loan based on market conditions". The green light for the issue of bonds is part of A2A's strategy, "aimed at lengthening the average life of the debt in the portfolio".
