Italgas launches a new fixed-rate bond issuance with a 5-year maturity, with an expected amount of 500 million euros

Milan, February 1, 2024 – Italgas S.p.A. (rated BBB+ by Fitch, Baa2 by Moody's) launched this morning a new fixed-rate bond issuance on the market with a 5-year maturity and an expected nominal value of 500 million euros.

The placement, exclusively targeted to institutional investors, is organized and led, as Joint Bookrunners, by BNP Paribas, J.P. Morgan, Intesa Sanpaolo (IMI CIB Division), Mediobanca, Citi, Morgan Stanley, Société Générale, and UniCredit.

The transaction is to be intended as pre-funding of financial needs, in line with Italgas' strategy to optimize its debt structure.