Contact:
Bojan Bundalo
Phone: +387 51 345 600
E-Mail: borisb@monetbroker.com
- MONET BROKER A.D. Banja Luka
- 21st to 24th of March in Vienna
- The road show
- Amortizing Bearer Green Notes
- EUR 140 million Fixed rate
- JSC Trebinje
- Mixed Holding "Power Utility of RS"
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Trebinje (pts033/18.03.2022/16:00) - Mixed Holding "Power Utility of Republic of Srpska" JSC Trebinje (MH ERS) starts to hold investor meetings in DACH, Liechtenstein and UK with Qualified Investors. In relation to EUR 140 million Fixed rate Amortizing Bearer Green Notes.
MH ERS (the "Issuer") has mandated MONET BROKER A.D. Banja Luka as Sole Global Coordinator and CL Partners Limited as Sole Lead Manager to arrange a series of fixed income investor meetings in Austria, Switzerland, Liechtenstein, Germany and UK with qualified investors as defined in the Prospectus Regulation (as defined below) ("Qualified Investors"), commencing on March 21st, 2022.
The road show will be starting in Austria (21st to 24th of March in Vienna), Switzerland (Zurich 25th). Online meetings will also be arranged to cater for Covid-19 restrictions as and when appropriate with Global Green Funds and other Institutional Investors.
A proposed Regulation S only offering of US Dollar-denominated Fixed rate amortizing secured green notes (the "Notes"), with a specified denomination of EUR 100,000, each, of the Issuer will follow, subject to market conditions and investors' interest. The Notes are expected not to be rated. FCA / ICMA stabilization applies. The Notes will be certified under ICMA Green Bond Principles with Secondary Party Opinion from Sustainalitics.
The bookbuilding process for the Notes is will be started on March 25th, 2022 and will continue up to 5:00 p.m. March 30th GMT, 2022. Settlement upon proposed Notes of the Issuer is set on April 4th, 2022.
MH ERS has been established as a state-owned company on June 2, 1992 by a decision of the National Assembly of the Republic of Srpska, MH ERS is a 100%
state-owned utility company, owned by the government of the Republic of Srpska. MH ERS is engaged in the production, distribution and sale of electricity generated from hydropower and thermal sources.
The Decision of the Government of Republic of Srpska as of October 7th 2021, intends to issue "green bonds". In order to finance the construction of the infrastructure projects for electricity production from renewable sources, i.e. two hydropower plants, cumulative total installed capacity 194 MW and annual production of 386.3 GWh.
No prospectus has been or will be approved and/or published pursuant to the Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC, as amended from time to time ("Prospectus Regulation"). This Material has been prepared by MONET BROKER A.D. and CL Partners Limited for information purposes only and does not constitute an offer, recommendation, investment advice or invitation to subscribe for, or to purchase any securities, and nothing herein shall form the basis of any contract or commitment whatsoever. This Material does not constitute "marketing material" or any type of "advertisement", in particular as defined under Article 2(k) of the Prospectus Regulation.
CL Partners Limited has represented and agreed that it will offer the Notes in the European Economic Area and the United Kingdom only in compliance with the provisions of the Prospectus Regulation and all other laws and regulations in the European Economic Area the United Kingdom applicable to the offer and the sale of the Notes in the European Economic Area.
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO CANADA, JAPAN OR THE UNITED STATES OR FOR THE ACCOUNT OR BENEFIT OF U.S. PERSONS OR IN ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW.
For press enquiries please contact Bojan Bundalo from Monet Broker JSC Banja Luka by email: borisb@monetbroker.com or via telephone number 00387 65 860 977 or 00387 51 345 600.
Source: Mixed Holding "Power Utility of Republic of Srpska" JSC Trebinje
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