Greenvolt successfully completed the placement of a bond loan aimed at retail investors. The issuance of Greenvolt 2027 Green Bonds registered strong demand, surpassing the bonds available for subscription, amounting to 126% of the total bonds on offer after the upward revision of the amount to be issued.
Initially, 200,000 Greenvolt 2027 Green Bonds were made available, with a subscription price of €500 each, with a minimum investment of €2,500. During the term, in light of the registered demand, Greenvolt revised upwards the amount to be obtained with this financing operation from €100 to €150 million.
During the term of the offer, which ran from 2 November 2022 to 15 November 2022, inclusive, there was an aggregate demand of €188.5 million, 26% above the revised objective of obtaining €150 million with this operation.
In what was the first issue on the primary market aimed at small savers, Greenvolt had the support of a large number of investors, attracted by a gross annual interest rate of 5.20%. The total number of subscribers to the Greenvolt 2027 Green Bonds amounted to 4,885.
