(Tiper Stock Exchange) – Italgas this morning launched on the market a new fixed-rate bond issue with a 9-year maturity and an expected nominal value of 500 million Euros.
The placementaimed at institutional investors only, is organized and managed, as Joint Bookrunners, by Banco Santander SA, BNP Paribas, JP Morgan Securities plc, Intesa Sanpaolo SpA, Mediobanca SpA, Société Générale and Unicredit Bank AG.
The transaction responds to a pre-funding logic of financial needs and is consistent with Italgas’ strategy of optimizing its debt structure and extending the average duration of the Company’s bond portfolio.