According to the bank website, the EBRD invested EUR 25 million in the EUR 300 million 7-year senior unsecured Sustainability Linked Bond issued by GEK TERNA S.A. The total proceeds of the new bonds will finance business activities in infrastructure, energy, industrial and real estate sectors, refinance existing and future indebtedness, and finance working capital needs. The proceeds of the EBRD participation will be used exclusively for refinancing and working capital needs. As part of the Framework, the Project aims to support the development of the local corporate bond market in Greece and facilitate the access of Greek corporates to the debt capital markets. GEK TERNA S.A. is a major infrastructure Group, incorporated in Greece whose main businesses are Concessions, Energy and Construction with presence in Central and South East Europe and the Middle East. GEK TERNA is listed on the Athens Stock Exchange.
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COMPANY CONTACT INFORMATION
+30 210 6968000
+30 210 6968099
85 Mesogeion Ave., Athens 11526, Greece
ACCESS TO INFORMATION
You can request information by emailing: firstname.lastname@example.org or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: email@example.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html