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Terna S.p.A. Expands Financial Flexibility with EMTN Program Renewals

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Terna S.p.A. Expands Financial Flexibility with EMTN Program Renewals

Confident Investing Starts Here:

Terna S.p.A. ( (IT:TRN) ) has shared an announcement.

Terna S.p.A. has renewed its Euro Medium Term Note Programme (EMTN) of 12 billion euros, authorized by the CSSF and listed on the Luxembourg Stock Exchange. Additionally, Terna has established a new EMTN program of 4 billion euros, authorized by CONSOB and listed on the MOT of Borsa Italiana. These programs, supported by ratings from S&P and Moody’s, aim to enhance Terna’s financial flexibility and support its ongoing investments in energy infrastructure, reflecting its strategic focus on sustainable energy solutions.

The most recent analyst rating on (IT:TRN) stock is a Hold with a EUR9.25 price target. To see the full list of analyst forecasts on Terna S.p.A. stock, see the IT:TRN Stock Forecast page.

More about Terna S.p.A.

Terna S.p.A. operates in the energy sector, primarily focusing on the transmission and distribution of electricity. It is a key player in the European energy market, with a significant emphasis on sustainable and green energy initiatives.

Average Trading Volume: 4,827,391

Technical Sentiment Signal: Buy

Current Market Cap: €17.45B

See more data about TRN stock on TipRanks’ Stock Analysis page.

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