TerniEnergia, a smart company listed on the Italian Stock Exchange’s electronic share market (MTA) and part of the Italeaf Group, announces – pursuant to art. 6.4 of the Terms and Conditions of the bond issue denominated “Euro 25,000,000.00 Notes due 2027”, ISIN code IT0004991573 – that the asset divestment process envisaged in the Recovery and Relaunch Plan (the “Plan”) has been partially implemented and is being finalised. As a result of the above, on the basis of the commitments undertaken under the Plan and the Financial Agreement signed with the creditor banks, the Company will not make the reimbursements envisaged for 31 December 2019 to the Bondholders and the banking community. Therefore, in accordance with the provisions of the Plan, the Financial Agreement and Article 6.2 of the aforesaid Terms and Conditions, the date of these repayments is automatically postponed to 31 December 2020.
