TeReElNa 3.44% 27TeReElNa 3.44% 27TeReElNa 3.44% 27

TeReElNa 3.44% 27

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Key terms


Outstanding amount
‪100.00 M‬EUR
Face value
1,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
3.44% (Fixed)
Coupon frequency
Annual
Yield to maturity
3.10%
Maturity date
Sep 22, 2027
Term to maturity
2 years

About TeReElNa 3.44% 27


Sector
Utilities
Industry
Electric Utilities
Home page
Issue date
Sep 22, 2022
ISIN
XS2536846236
FIGI
BBG019PK7232
TERNA Rete Elettrica Nazionale SpA engages in the grid operation for the transmission of electricity. The firm operates through the following segments: Regulated, Non-Regulated and International. The Regulated segment includes the development, operation and maintenance of the National Transmission Grid, in addition to dispatching and metering, and the activities involved in the construction of storage systems. The Non-regulated segment includes deregulated activities and specific business initiatives, above all relating to Industrial activities. The International segment includes the results deriving from opportunities for international expansion, which the Group aims to exploit by leveraging its core competencies developed in Italy as a TSO, where such competencies are of significant importance in its home country. It manages electricity transmission in Italy. It provides entire electricity system and for guaranteeing the supply of electricity to all companies and private individuals. The company was founded in 1962 and is headquartered in Rome, Italy.
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