Milan, November 7, 2013 – At a meeting held today and chaired by Graziano Tarantini, the Management Board of A2A S.p.A. approved a resolution authorizing the update of the Euro Medium Term Note Programme approved on September 19, 2012, and the increase of its amount.
Chairman Graziano Tarantini, Managing Director Renato Ravanelli and Chief Financial Officer Patrizia Savi were given a mandate – valid until December 31, 2014 – by the Board to issue possible, if any, non-convertible bond securities, in one or multiple tranches, up to a maximum amount of EUR 1,250 million.
Today’s resolution is part of the A2A Group’s medium-term financial strategy, which is aimed at lengthening the average life of the Company’s outstanding debt and at maintaining an adequate financial flexibility in order to efficiently manage the future debt maturities, to support the Company’s rating.
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Duty to notify the public in accordance with Consob decision no. 11971 of 05/14/1999 as Amended.
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