Brief: Elecnor Registers Multicurrency Promissory Note Programme In MARF For Up To 400 Mln Euros

Elecnor

06/06/2023 11:05

June 6 (Reuters) - Elecnor SA  ENOR.MC :
    * REGISTERS MULTICURRENCY PROMISSORY NOTE PROGRAMME IN
ALTERNATIVE
FIXED INCOME MARKET (MARF) WITH A MAXIMUM OUTSTANDING BALANCE OF
400 MILLION EUROS, LINKED TO FULFILMENT OF SUSTAINABILITY
OBJECTIVES
    * PROGRAMME TO ALLOW TO FINANCE IN EURO AND USD, AT TERMS OF
UP TO
24 MONTHS, OPTIMISING WORKING CAPITAL FINANCING COSTS
    * IN MAKING DECISION TO REGISTER THIS PROGRAMME, ELECNOR HAS
TAKEN
INTO ACCOUNT FLEXIBILITY OF MATURITIES AND LOWER COST THAN
ALTERNATIVE SOURCES OF FINANCING
    * THE EURO COUNTER-VALUE OF OUTSTANDING ISSUES WILL NOT
EXCEED 400
MILLION

Source text: https://tinyurl.com/3b3m45ru
Further company coverage:  ENOR.MC 

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