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HomeUncategorizedSlovenia: GEN-I to...

Slovenia: GEN-I to issue 50 million-euro green bond

Slovenian energy group GEN-I said it has invited investors to subscribe for an issue of a five-year green bond worth 50 million euros.

The bonds have a fixed annual interest rate of 5.20% and mature in a lump sum payment five years from the date of issue, GEN-I said in a filing with the Ljubljana Stock Exchange earlier this week.

The issue will support green transformation projects and is consistent with the long-term sustainability strategy of GEN-I, the company said.

The nominal value of each denomination of green bonds is 100,000 euro, GEN-I added.

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