Ignitis Group Plans Minimum €300M Green Bond and Tender Offer
AB "Ignitis grupė" plans a minimum €300 million five-year European Green Bond, subject to market conditions, and has launched a tender offer for its €300 million 2.000% notes due July 14, 2027. Proceeds are intended to fund the tender; completion depends on new-issue pricing.
AB “Ignitis grupė” plans to issue a European Green Bond with a minimum size of €300M and a 5-year term, subject to market conditions. The company has also launched a tender offer for its €300M 2.000% notes due 14 Jul 2027. Proceeds from the new bond are intended to fund the tender offer. Its completion depends on pricing of the new issue.