The company disclosed its proposal to shareholders to endorse a cap of €300 million for the issuance of green bonds or a combination of subsequent green and sustainability-linked bonds.

The decision will be put forth for approval at the general meeting scheduled for April 25.

These non-convertible and non-guaranteed bonds may be issued in Romanian lei or other currencies, featuring either fixed or variable interest rates. The issuance is anticipated to take place between 2024 and 2025, tapping into both the Romanian and international capital markets, including the EU and USA.