
Metropolitano de Tenerife SA, founded in 2000, is located in Santa Cruz de Tenerife, Spain, and operates as the primary public transport authority for the island of Tenerife. The company is focused on improving urban mobility through a modern tram system, providing efficient and sustainable transportation solutions to residents and visitors alike.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
METTEN 1.23% 2036-07-30 EURMetropolitano de Tenerife SA | Spain | 2036-07-30 | 1.229 | 3.85 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Metropolitano de Tenerife has issued bonds since its inception, with notable issuances intended to finance the expansion of its tram network. In 2018, the company successfully raised €50 million through a bond issuance aimed specifically at enhancing infrastructure and service quality. Currently, yields on its bonds are competitive within the regional public transport sector, reflecting the issuer's strong performance and commitment to sustainability. Recent news includes the company exploring green bonds to further align their financing activities with environmental goals, maximizing both financial and social benefits for the community.