ETT issues a 2.5 million euro mini-bond

With the latest issue of a 2.5 million euro mini-bond, ETT’s bond issue plan for a total amount of four million euro was successfully completed to support the many development projects that the company is implementing. The entire transaction was followed by Sella Corporate & Investment Banking, the new division of the Sella Group specializing in extraordinary finance operations, which acted as the issuer’s advisor, supporting ETT in preparing the business plan, in determining the needs financial preparatory to planned investments, in the structuring and definition of the characteristics of the loan in line with the requests of the subscribers and the creditworthiness of the issuer. Banca Sella assisted the company in structuring the bond loan, acting as the exclusive arranger of transactions and assisting ETT in institutional relations with Borsa Italiana and Monte Titoli. Chiomenti acted as legal counsel.