Maire Tecnimont new €200 million Sustainability Linked Bond 6.50% due 5 October 2028

Banca Akros acted as Joint-Bookrunner in the offering of Maire Tecnimont’s new Sustainability Linked bond. The notes – addressed to European institutional investors and retail investors in Italy and Luxembourg – will be listed on the Luxembourg Stock Exchange and on the Mercato delle Obbligazioni Telematico of Borsa Italian S.p.A., have a duration of 5 years and pay a coupon of 6.50%. A step-up margin of maximum 0.50% will occur if the Issuer fails to meet specific targets for reducing CO₂ emissions at 31 December 2025, both Scope 1&2 and Scope 3 related, according to the Company Sustainability Linked Financing Framework.

The Offering started on Tuesday, 26 September and reached the minimum offered amount (EUR 120 million) just few minutes after the opening. The strong interest of investors for the Maire Tecnimont credit allowed the issuer to quickly reach the maximum amount (EUR 200 million) and to close the offering early on Thursday, September 28.

Maire Tecnimont S.p.A., a company listed on the Milan Stock Exchange, heads an engineering group that develops and implements innovative technologies for fertilizers, hydrogen and carbon capture, fuels and chemicals, and polymers. It operates globally with sustainable technology solutions and integrated engineering and construction solutions to drive the industry’s evolution towards decarbonisation. Maire Tecnimont creates value in around 45 countries and has around 7,000 employees, supported by more than 20,000 people involved in its projects worldwide.

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