The Board of Management of A2A today gave the green light to a program of new bond issues up to a maximum of two billion euro.
The Lombard multiutility announces that the bonds will be listed on the Luxembourg Stock Exchange. The first filing of the prospectus is expected in the coming weeks. The bonds that will be issued under the Program will be placed with institutional investors.
The adoption of the Emtn is part of the broader financial strategy of the A2A Group aimed at lengthening the average life of the debt and maintaining adequate financial flexibility to support the company's rating.
At the beginning of the afternoon, A2A's share on the Stock Exchange travels in negative territory by more than two points.
