Capital Markets / Fixed Income - VAA – Vista Alegre Atlantis, SGPS, S.A.

On May 20th, 2024, VAA – Vista Alegre Atlantis, SGPS, S.A. successfully concluded the issuance of a 5-year, €60,000,000, sustainability-linked bond, placed through a public offer and with a fixed coupon of 5.30%.

Final demand reached €79.8 million, i.e. 1.3x of the issued amount.

The bonds are sustainability-linked, insofar as the issuer undertook to promote the improvement of 1 KPI (tons of oil equivalent/tons of good product), with the view to achieving a SPT by December 31st, 2028.

A Second-Party Opinion issued by ISQ, affirmed that this SLB is aligned with the Sustainability-linked Bond Principles (ICMA, 2020).

Haitong Bank acted as Joint Global Coordinator in this transaction, and is also the paying agent.