Brief: GEK Terna Raises €659.3 Million From Institutional Investors In Share Offering
01/07/2026 07:01
BRIEF-GEK Terna Raises €659.3 Million From Institutional Investors In Share Offering July 1 (Reuters) - GEK Terna SA HRMr.AT:
COMPLETES PRIVATE PLACEMENT OF 15.5 MILLION NEW SHARES AT EUR 42.50 EACH TO RAISE €659.3 MILLION
SAYS TOTAL DEMAND FOR THE OFFERING REACHED ABOUT €3 BILLION
PROCEEDS ARE ABOUT 32% HIGHER THAN INITIAL TARGET OF €500.0 MILLION
Further company coverage: [HRMr.AT]
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 587785269;))
Recent news on GEK TERNA
See all newsBrief: Gek Terna Proposes €500 Million Senior Unsecured Fixed-Rate 7-Year Notes
Italy's Energy Dome in advanced talks for major funding, keeps IPO option open
Live Markets: Next week, Greece's STOXX odyssey ends
Brief: GEK Terna H1 Adjusted Net Profit At €83.4 Million, Up 22.1% YoY
Brief: Stoxx Announces Changes to Europe 600 Index