REN Redes Energeticas Nacionais SGPS S A : Issuance of 300 million euros of green bonds
April 09, 2021 at 11:57 am EDT
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Unofficial Translation
This is an unofficial translation of the proposal indicated below and it has been prepared for information purposes only. In the event of any discrepancy between this translation and the Portuguese version, the Portuguese version will prevail.
ANNOUNCEMENT
REN ISSUES 300 MILLION EUROS OF EUROPEAN MEDIUM TERM NOTES
UNDER ITS GREEN FINANCE FRAMEWORK
Pursuant to and for the purposes of article 17 of Regulation (EU) number 596/2014 of the European Parliament and of the Council of 16 April 2014, of article 248-A of the Portuguese Securities Code and other applicable regulation, REN - Redes Energéticas Nacionais, S.G.P.S., S.A. ("REN") hereby informs the market and the general public that:
On the date hereof, REN Finance B.V. (a company wholly owned by REN) has agreed the terms of an issue of notes in the Euro Bonds market in an amount of 300 million euros, under the respective EMTN (European Medium Term Notes) programme from REN and REN Finance B.V., with a maturity of 8 years and an interest rate equal to 8 years' mid swap rate, accrued of 60 bps. This bond issue is part of REN´s regular funding policy. This is REN´s inaugural Green Bond and it reflects the alignment of the company´s funding and sustainability strategies.
Lisbon, April 9th 2021
REN - Redes Energéticas Nacionais, SGPS, S.A.
REN - REDES ENERGÉTICAS NACIONAIS, S.G.P.S., S.A.
Listed Company (Sociedade Aberta)
Head Office: Avenida Estados Unidos da América, nº 55, 1749-061 Lisbon
Share Capital: € 667,191,262
Commercial Registry Office of Lisbon: registry and tax sole number: 503 264 032
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REN - Redes Energéticas Nacionais SGPS SA published this content on 09 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 April 2021 15:56:06 UTC.
REN - Redes Energéticas Nacionais, SGPS, S.A. specializes in the operation and concession management of the Portuguese electricity transportation network. Net sales break down by activity sector as follows:
- electricity (63.7%): transportation of electricity from producers to end distributors and consumers, management of the electricity transportation network (connecting user installations to the network, maintenance of the network, etc.). At the end of 2022, the network has a total of 9,424 Km;
- gas (34.8%): transportation of natural gas from producers to end distributors and industrial consumers, underground storage of natural gas, receiving, storage, and regasification of liquid natural gas (LNG), infrastructure construction and maintenance services, etc.;
- telecommunications (1.3%);
- other (0.2%).
REN - REDES ENERGÉTICAS NACIONAIS, SGPS, S.A. 
