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Terna S.p.A. ( (IT:TRN) ) has issued an announcement.
Terna S.p.A. successfully launched its first European Green Bond, raising 750 million euros with a six-year duration and a 3% coupon. The bond, part of Terna’s Euro Medium Term Notes Program, received strong market interest, with demand nearly five times the offer, and will fund eligible green projects, supporting Terna’s strategy of combining sustainability with growth.
The most recent analyst rating on (IT:TRN) stock is a Hold with a EUR9.25 price target. To see the full list of analyst forecasts on Terna S.p.A. stock, see the IT:TRN Stock Forecast page.
More about Terna S.p.A.
Terna S.p.A. operates in the energy sector, focusing on the transmission and distribution of electricity. The company is committed to sustainability and the energy transition, aligning its operations with the European Taxonomy and Green Bond Principles.
Average Trading Volume: 3,860,436
Technical Sentiment Signal: Strong Buy
Current Market Cap: €16.96B
Find detailed analytics on TRN stock on TipRanks’ Stock Analysis page.