EURO COMMERCIAL PAPER Home Investors Debt and rating Sustainable finance Euro Commercial Paper Share The documentation for the three-year programme of short-term bonds Euro Commercial Paper (ECP) is a STEP Label programme of issues of short-term bonds aimed at qualified investors. The bonds issued in the context of this three-year programme may be in Euro, US dollars, Pounds or any other currency in compliance with applicable legal requirements or regulations, and shall have a duration of no longer than one year and a maximum total amount of € 1 billion. In this context, the bonds issued fall under the “ESG” category because they are linked to Terna’s ranking in the S&P Sustainability Yearbook (Electric Utilities Sector). Arranger: Citigroup Dealers: BNP Paribas, Citigroup, Crédit Agricole CIB, J.P. Morgan Information Memorandum 2021 ESG performance TERNA IS THE FIRST GRID OPERATOR FOR ELECTRICITY TRANSMISSION IN EUROPE. WE PROMOTE THE ENERGY TRANSITION AND SUSTAINABLE DEVELOPMENT BY FOCUSING ON PEOPLE AND INNOVATION. We work every day to build an atmosphere of dialogue and trust in local areas, to which we bring a vital asset for everyone’s economic and social lives: electricity. > FIND OUT MORE Useful links CALENDAR GENERAL ARCHIVE CERT REAL ESTATE ASSETS ACCESSIBILITY PRIVACY COOKIE DECLARATION LEGAL NOTICE INSERT CV Portals PURCHASES SUPPLIERS QUALIFICATION GAUDI GSTAT ENERGY DISTRIBUTORS MY TERNA TITOLARI RTN OUR SITES: OPEN AND TRANSPARENT SETTLEMENT CERTIFICATION WHISTLEBLOWING TERNA PLUS TERNA S.p.A. - Capitale sociale € 442.198.240 interamente versato - Sede Legale in Italia, Viale Egidio Galbani, 70 - 00156 Roma - Tel +39 06 83138111 Registro delle Imprese di Roma - Codice fiscale e Partita IVA 05779661007 - R.E.A. di Roma 922416