Rome, 15 December 2021
FS Italiane updated its “Euro Medium Term Notes” (EMTN) Programme for Institutional Investors listed on the Irish Stock Exchange, increasing its size up to 9 billion of euro, from the previous 7 billion and signing the documentation with 27 dealers.
The updated and increased Programme received confirmation on the current rating, BBB- from Fitch and BBB from S&P.
Since 2013, when the EMTN Programme was established, FS Italiane has issued 17 private and public notes, including 3 Green Bonds.
FS bonds will be still devoted to finance projects with positive ESG impacts, such as passenger trains for regional and high-speed transport, freight trains and buses as well as the completion of the High Speed infrastructure. Further green issuances will finance, in particular, the new Pop & Rock and Frecciarossa 1000 trains of Trenitalia, according to the current FS Green Bond Framework, which has recently received a new and key certification by Sustainalytics, about the full compliance of the FS Group Eligible Green Projects with the European Taxonomy of Sustainable Activities: