This debt issuance consists of a three-year corporate bullet bond, listed in the MTF -fixed bond market- of Luxembourg, for a total amount of 6 million euros, with a net coupon of 5.50% (nominal annual fixed interest calculated in Current Base / Current ICMA Not adjusted). This issue has been exclusively focused on institutional investors.
This issuance, which has already been fully subscribed and paid, is part of the program of notes of simple bonds that the company has in the Luxembourg Stock Exchange (MTF), amounting to € 25,000,000 (having issued up to date 9.2 million euros of the program).
The amount captured in this operation will be used to launch the 184MW wind power project, called EOLO, as well as to resume with the development of its portfolio of renewable energy projects.
The Bonds issued are classified as senior debt, located at a higher level than the subordinated creditors and ahead of the common creditors.
In the mentioned transaction, Ahorro Corporación Financiera has played as Global Coordinator and bookrunner, Solventis as co-underwriter, and Société Générale Bank & Trust, S.A. as a Paying Agent.
This will be the third issuance of Greenalia S.A. in the Luxembourg MTF-LGX market, where a first corporate bond of 5.8 million was issued in November 2017 and the first tranche -of 3.2 million- of the current program in August 2018, both rated as ‘green bonds’.
This issuance, in the same way as the previous ones, will be qualified as a green bond and listed in the Luxembourg Green Exchange (LGX), the Luxembourg green bond market.
You can find more information about the program and Greenalia issuances in the following link: https://www.bourse.lu/programme/Programme-Greenalia/14494
Learn more about Greenalia S.A. corporate debt issuances on the following link https://www.greenalia.es/shareholders-and-investors/debt-issuances/