Electrica has mandated major banks to discuss with investors a possible green bond issue
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Electrica has mandated BCR, BNP Paribas, Citi, ING, JP Morgan and Raiffeisen Bank to organize meetings with investors for a potential inaugural issue of green bonds in euros, the company says
“Electrica, informs investors about the mandate granted to Banca Comerciale Romane S.A., member of Erste Group (“BCR”), BNP PARIBAS, CITI, ING, J.P. Morgan and Raiffeisen Bank International as Joint Global Coordinators and Joint Bookrunners, and BT Capital Partners, IMI-Intesa Sanpaolo, Societe Generale and UniCredit as Joint Bookrunners to organize a series of meetings with fixed income investors starting with Tuesday, July 1, 2025, in connection with a potential inaugural “EUR Green benchmark Reg S only unsecured” bond issue that may follow, subject to market conditions”, Electrica said.
The bonds, if issued, are expected to be rated by Fitch and are intended to be:
offered and sold exclusively to investors who are “qualified investors” within the meaning of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market and repealing Directive 2003/71/EC.
listed on the regulated markets managed by the Luxembourg Stock Exchange and the Bucharest Stock Exchange.
“Electrica has also published the Green Framework Agreement and the independent opinion of Sustainable Fitch (Second Party Opinion), which are available on its website here. BNP Paribas and ING acted as Joint Structurers in establishing the framework,” the company added.
The Electrica Group is a key player in the electricity distribution, supply and production market in Romania, as well as one of the most important players in the energy services sector.
The Electrica Group provides services to approximately 3.9 million users and has a national coverage area – organized in three areas for electricity distribution: Northern Transylvania, Southern Transylvania, Northern Muntenia, and throughout the country for electricity supply and maintenance and energy services.
Since July 2014, Electrica has been a company with majority private capital, listed on the Bucharest and London stock exchanges. Electrica is the only Romanian company listed in the field of electricity distribution and supply.
