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Snam Lists First Sustainability-Linked Bonds on Borsa Italiana
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Snam Lists First Sustainability-Linked Bonds on Borsa Italiana

SNAM S.p.A. (IT:SRG) has released an update.

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Snam S.p.A. has successfully listed its first Sustainability-Linked dual tranche bond on the MOT Professional segment of Borsa Italiana, marking a milestone in sustainable finance for Italian corporates. The issuance, totaling approximately 1.5 billion euros, includes a 600 million pound tranche over 12 years and a 750 million euro tranche over 7 years, both tied to the company’s ambitious CO2 emission reduction targets. This strategic move enhances Snam’s financing diversification and underscores the growing market confidence in its sustainability strategy.

For further insights into IT:SRG stock, check out TipRanks’ Stock Analysis page.

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