GEK TERNA to issue 300-million-euros sustainable bond loan

GEK TERNA on Tuesday announced the issuance of a 300 million euros common bond loan. The company’s board approved the bond issue plan, which will be linked with a sustainability clause. The bond will have a seven-year duration and will be distributed to investors through a public offer. The bonds will be listed in the fixed-income category of the Athens Stock Exchange. Issuance is dependent on market conditions.