Italgas launches a new bond issuance for an amount of 250 million euros expected, reopening the bond expiring in February 2029 (“TAP Issue”)
Milan, 24 September 2024 – Italgas S.p.A. (rated BBB+ by Fitch, Baa2 by Moody's) launched this morning on the market a new bond issuance for 250 million euros expected, reopening the already outstanding bond of 650 million euros maturing in February 2029.
The proceeds of the issue will be used to refinance bank indebtedness soon to mature.
The placement, exclusively targeted to institutional investors, is organized and led, as Joint Bookrunners, by BNP Paribas, J.P. Morgan, Citi, Morgan Stanley, Société Générale, Bank of America e Banca Akros.