Terna S.p.A.

TRN

IT0003242622

Electric Utilities

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-04-29 am EDT			After market 04:00:00 pm
7.55 ^EUR	+1.02%		7.556	+0.08%

Apr. 24	Terna, Italy's electricity consumption falls slightly in March	AN
Apr. 23	CFO of Terna takes over 12,500 ordinary shares	AN

Terna increases revolving credit facility to EUR2.26 billion

April 15, 2024 at 01:26 pm EDT

(Alliance News) - Terna Spa announced Monday that it has signed an amendment and restatement agreement to increase the amount of the ESG-linked revolving credit facility to EUR2.26 billion.

The credit facility had been signed in May 2023 for EUR1.81 billion, entered into with a pool of financial institutions as joint mandated lead arrangers: Intesa Sanpaolo Spa, BNP Paribas SA, Banco Santander SA, Cassa Depositi e Prestiti Spa, UniCredit Spa and SMBC.

The increase amounting to a total of EUR450 million was achieved through the entry of CaixaBank SA and Crédit Agricole Corporate and Investment Bank as new lenders into the aforementioned pool of lenders. All other terms and conditions of the revolving credit line linked to ESG indicators signed in May 2023 remain firm.

Terna's stock closed Monday down 1.4 percent at EUR7.38 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

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Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
BNP PARIBAS	67.72 EUR	+1.06%	+1.65%	80.91B
UNICREDIT S.P.A.	35.07 EUR	-1.16%	+2.75%	63.7B
CRÉDIT AGRICOLE S.A.	14.55 EUR	-0.03%	+2.32%	47B
TERNA S.P.A.	7.55 EUR	+1.02%	+0.43%	16B
CAIXABANK, S.A.	5.118 EUR	+0.08%	+5.40%	40.22B
BANCO SANTANDER, S.A.	4.75 EUR	-0.48%	+1.79%	80.9B
INTESA SANPAOLO S.P.A.	3.543 EUR	-0.20%	+3.34%	69.19B

Latest news about Terna S.p.A.

Terna, Italy's electricity consumption falls slightly in March	Apr. 24	AN
CFO of Terna takes over 12,500 ordinary shares	Apr. 23	AN
Lists in green except Mib; banks good	Apr. 22	AN
Iveco down on Mib; European stock exchanges in green	Apr. 22	AN
Futures await bourses up; China holds rates	Apr. 22	AN
Mib closes bullish; Terna takes top spot	Apr. 19	AN
Indices down, on Mib oil at bottom	Apr. 19	AN
Futures down; Powell confirms "hold" approach	Apr. 17	AN
Widespread red in Europe, Mib also bad	Apr. 16	AN
Milan black jersey; Eurozone widens surplus	Apr. 16	AN
Mib in the red; Prysmian leads declines	Apr. 16	AN
Terna Boosts ESG-linked Revolving Credit Facility by EUR450 Million	Apr. 16	MT
Terna increases revolving credit facility to EUR2.26 billion	Apr. 15	AN
Italian Railway Chief Said Considered for KKR’s Telecommunications Grid Business from Telecom Italia	Apr. 12	MT
KKR Plans to Appoint Italy's Railway Chief to Run Telecom Grid	Apr. 12	MT
KKR Plans to Appoint Italy's Railway Chief to Run Telecom Grid	Apr. 12	MT
Italian Railway Chief Said Considered for KKR’s Telecommunications Grid Business from Telecom Italia	Apr. 12	MT
Mib in the red; banks and financials trailing	Apr. 05	AN
Mib falls below 34,000; Fed slows on cuts	Apr. 05	AN
Terna Issues EUR850 Million of Green Perpetual Bonds	Apr. 05	MT
Terna issues EUR850 million bond to institutional investors	Apr. 05	AN
PLC signs agreement with Bester to realize EUR3 million project	Mar. 26	AN
Terna, Italy's electricity consumption up slightly in February	Mar. 22	AN
Futures down; Japan inflation accelerates	Mar. 22	AN
Mib rises to 34,300; FinecoBank to third bullish	Mar. 21	AN

Chart Terna S.p.A.

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Company Profile

Terna S.p.A. specializes in operating and maintaining the majority of Italy's high voltage and very high voltage electrical network. Net sales break down by activity as follows: - operation of Italian grid (85.8%): owned, at the end of 2022, a grid of 68,105 km of power lines, 7,044 bays, 901 substations and 768 transformers; - provision of services (14.2%): maintenance of high-voltage lines and fiber optic networks, engineering services for power and telecommunications stations, etc.

Sector

Electric Utilities

Calendar

2024-05-07 - Q1 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR) , FTSE MIB INDEX

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Ratings for Terna S.p.A.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

7.474 EUR

Average target price

8.047 EUR

Spread / Average Target

+7.67%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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Other Electric Utilities

Terna S.p.A.

Equities

TRN

IT0003242622

Electric Utilities

Terna increases revolving credit facility to EUR2.26 billion

Stocks mentioned in the article

EPS Revisions