Red Electrica Corporacion (ES:RED) has released an update.
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Redeia Corporación S.A., part of Redeia, has issued a green bond for €500 million in the euromarket to finance eco-friendly projects and bolster the financial stability of Red Eléctrica de España S.A.U. The bond, maturing in 8 years with a 3.375% annual coupon, is expected to assist the company in meeting the financial demands of the energy transition.
For further insights into ES:RED stock, check out TipRanks’ Stock Analysis page.
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