The Board of Directors of Ferrovie dello Stato Italiane, chaired by Tommaso Tanzilli, approved the issue of new EMTN bonds and the use of other funding instruments for a maximum total amount of 5.8 billion euros.
Any bond issues, under the 12 billion euros EMTN Programme listed on Euronext Dublin, will be reserved for Institutional Investors
FS also envisages new operations with the ESG/green label mainly aimed for the renewal of rolling stock and the maintenance of passenger and freight trains, as well as the High Speed/High Capacity railway infrastructure.
The Board of Directors of FS also approved the expansion of the sustainability linked revolving credit facility, currently of 3.5 billion euros, up to a maximum of 4.5 billion euros.
Finally, the renewal for further three years of FS’s Euro-Commercial Paper Program currently expiring in October 2026 was approved.
(FSI)
