Bond issues and bondholders
Italgas made its debut on the bond market in 2017 and, since then, bonds worth a total of 8 billion euros have been issued to European investors, of which there are currently outstanding securities for a nominal value of 6.6 billion euros.
Bond issues
The bonds were issued as part of the Company’s Euro Medium Term Notes Programme, which was launched in 2016 and last renewed on 30 October 2024 for a total maximum nominal equivalent amount of 10 billion euros, in implementation of the resolution passed by the Board of Directors on 24 October 2024. The programme, valid until 30 October 2025, provides for the issue of one or more non-convertible bonds, to be placed with institutional investors operating in Europe.
Summary of bond issues
| Issuer | ISIN | Issued Amount (in milion EUR) |
Issue date (gg/mm/aaaa) |
Maturity date (gg/mm/aaaa) |
Term (year) |
Interest rate type | Coupon |
|---|---|---|---|---|---|---|---|
| Italgas S.p.A. | XS1551917591 | 750 | 19/01/2017 | 19/01/2027 | 10,0 | Fisso | 1,625% |
| Italgas S.p.A. | XS1685542497 | 750 | 18/09/2017 | 18/01/2029 | 11,3 | Fisso | 1,625% |
| Italgas S.p.A. | XS2032727310 | 600 | 24/07/2019 | 24/04/2030 | 10,8 | Fisso | 0,875% |
| Italgas S.p.A. | XS2090807293 | 500 | 11/12/2019 | 11/12/2031 | 12,0 | Fisso | 1,000% |
| Italgas S.p.A. | XS2299001888 | 500 | 16/02/2021 | 16/02/2028 | 7,0 | Fisso | 0,000% |
| Italgas S.p.A. | XS2299002423 | 500 | 16/02/2021 | 16/02/2033 | 12,0 | Fisso | 0,500% |
| Italgas S.p.A. | XS2633317701 | 500 | 08/06/2023 | 08/06/2032 | 9,0 | Fisso | 4,125% |
| Italgas S.p.A. | XS2760773411 | 1.000 | 08/02/2024 | 08/02/2029 | 5,0 | Fisso | 3,125% |
| Italgas S.p.A. | XS3009463996 | 500 | 06/03/2025 | 06/03/2030 | 5,0 | Fisso | 2,875% |
| Italgas S.p.A. | XS3017216097 | 500 | 06/03/2025 | 06/03/2034 | 9,0 | Fisso | 3,500% |
| Issuer | ISIN | Issued Amount (in milion EUR) |
Issue date (gg/mm/aaaa) |
Maturity date (gg/mm/aaaa) |
Term (year) |
Interest rate type | Coupon |
|---|---|---|---|---|---|---|---|
| Italgas Reti S.p.A. (ex-2i Rete Gas S.p.A.) | XS1571982468 | 435 | 28/02/2017 | 28/08/2026 | 9,5 | Fisso | 1,750% |
| Italgas Reti S.p.A. (ex-2i Rete Gas S.p.A.) | XS1709374497 | 730 | 31/10/2017 | 31/10/2027 | 10,0 | Fisso | 1,608% |
| Italgas Reti S.p.A. (ex-2i Rete Gas S.p.A.) | XS2292547317 | 500 | 29/01/2021 | 29/01/2031 | 10,0 | Fisso | 0,579% |
| Italgas Reti S.p.A. (ex-2i Rete Gas S.p.A.) | XS2631869232 | 550 | 6/06/2023 | 6/06/2033 | 10,0 | Fisso | 4,375% |