The EMTN programme provides for one or more unsubordinated bonds to be placed with Italian and foreign institutional investors (excluding the United States, pursuant to the U.S. Securities Act of 1933) and listed on the Luxembourg Stock Exchange.
The programme, initially approved for the amount of €1.5 billion, was modified during 2018 taking the total amount to €3 billion Euro and subsequently, in July 2019, the maximum value was raised to €4 billion.
Arrangers: Banca IMI, BNP Paribas and UniCredit Bank.
Dealers: Banca IMI, Banco Bilbao Vizcaya Argentaria S.A, Barclays, BNP PARIBAS, Citigroup, Crédit Agricole CIB, Deutsche Bank, Goldman Sachs International, MPS Capital Services, Mediobanca, Morgan Stanley, Natixis, Société Générale Corporate & Investment Banking, UBI Banca S.p.A. and UniCredit Bank.
Green Bond – January 2021
Acea SpA successfully completes its first Green Bond issuance worth €900 million.
Following the Board of Directors’ resolution of 16 December 2020 and completion of the bookbuilding process, on 21 January 2021 Acea successfully completed the placement of the Company’s first Green Bond issue. The Bonds, amounting to a total of €900m and issued in two tranches, are issued under the recently published Green Financing Framework and form part of the €4 bn Euro Medium Term Notes (EMTN) programme (the “Bonds”). The Bonds were issued under the Base Prospectus updated on 24 July 2020 and subsequently supplemented on 15 January 2021. The first tranche of €300m and a coupon of 0% will mature on 28 September 2025 (the “Bonds 2025”), whilst the second tranche of €600m and a coupon of 0.25% will mature on 28 July 2030 (the “Bonds 2030”).
The Bonds are for sale exclusively to Euromarket institutional investors.
Bond – January 2020
Acea SpA successfully placed a bond for the total value of €500 million issued under the EMTN Programme, with a maturity of nine years.
Following the Board of Directors’ resolution of 22 January 2020 and completion of the bookbuilding process, on 29 January 2020 Acea successfully completed the placement of a non-convertible bond for a total principal amount of €500 million, maturing on 6 April 2029 and at a rate of 0.50%, under its €4,000,000,000 Euro Medium Term Note (EMTN) Programme, pursuant to the Base Prospectus as last amended on 15 July 2019 and subsequently supplemented on 27 January 2020 (the "Notes").
The Notes are intended solely for Euromarket institutional investors.
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Modification of EMTN Programme ceiling
On 15 July 2019 Acea SpA concluded its revision of the bond issue programme called “Euro Medium Term Notes Programme” (EMTN Programme), filed with the Luxembourg Stock Exchange and reserved for institutional investors. As part of this revision, Acea SpA increased the Programme’s ceiling to €4 billion.
Bond – May 2019
Acea SpA successfully placed a non-convertible bond issued under its EMTN Programme for the total value of €500 million, with a maturity of 9 years.
On 16 May 2019, following the Board of Directors’ resolution of 6 May 2019 and completion of the bookbuilding process, Acea SpA successfully placed a non-convertible bond for a total principal amount of €500 million, maturing on 23 May 2028 and at a rate of 1.75%, as part of the €3 billion Euro Medium Term Notes (EMTN) Programme, pursuant to the Base Prospectus as last amended on 18 July 2018 and subsequently supplemented on 15 May 2019 (the "Notes"). The Notes were intended solely for Euromarket institutional investors.
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