Ence Places 85 Million Euros In Four-Year Sustainable Bonds As Part Of Its New Program On The MARF

After achieving a BBB- rating from Ethifinance, Ence launched a sustainable bond program on the Alternative Fixed Income Market (MARF) on January 12, 2026, with a nominal amount of up to €200 million. Under this program, the company issued its first bond in February for €85 million, with a four-year term, full repayment at maturity, and a fixed coupon of 410 basis points.

This initiative is part of the company's financial strategy and reinforces its commitment to sustainable financing and the integration of ESG (environmental, social and governance) criteria into its business model.

The bonds are linked to sustainability objectives and structured in accordance with the Sustainability-Linked Bond Principles published by the International Capital Markets Association (ICMA). Through this program, Ence gains access to qualified investors, continues to diversify its medium- and long-term funding sources, and advances the execution of its strategic growth objectives, with the support of the financial community.

The company was advised by Kenta Capital, and Banca March, Sabadell, Renta 4, Kutxabank Investing, and Andbank acted as placement agents. Uría participated as legal advisor and as the independent verifier of sustainability criteria, G advisory.