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Ignitis Grupe Prices EUR300 Million European Green Bond

MT Newswires·10/21/2026 00:18:12
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12:18 AM EDT, 10/21/2026 (MT Newswires) -- AB Ignitis Grupe (IGN1L.VS, IGN.L) priced an offering of a 4.5% European green bond worth 300 million euros with a maturity date of Oct. 27, 2031. The renewables-focused utility company said Tuesday that it will issue its first-ever European green bond at 99.676% of the principal amount, with settlement expected on Oct. 27, 2026. The notes will be drawn from its 2 billion-euro medium-term note program. The company earmarked net proceeds from the issuance to refinance its existing debt, including its previously announced offer to repurchase 300 million euros of outstanding 2% notes that will mature on July 14, 2027.