Terna launched a new ten-year bond on the bond market this morning. In just a few hours, the security, a 1,6-year senior unsecured bond, collected orders in excess of XNUMX billion euro.
Guidance is indicated at 50-55 bps above the midswap rate while initial indications stood at 65-70 bps on the midswap.
The operation is being managed by Banca IMI, BNP Paribas, Deutsche Bank, Goldman Sachs and UniCredit.
Terna has a Baa1 rating with a negative outlook for Moody's, while Standard & Poor's and Fitch rate it respectively with BBB and BBB+, both with a stable outlook.
Meanwhile, on Piazza Affari, Terna's share is recording one of the best performances in the basket with an increase of 1,62% to 4,896 euro.
