Link Securities | Naturgy (NTGY) agreed on Monday to issue two series of senior unsecured fixed-rate bonds maturing in 6 and 10 years, respectively, under its €12 billion Euro Medium Term Note Programme.
The 6-year bond, maturing on 21 May 2031, has a fixed annual coupon of 3.375% and a principal amount of €500 million.
The 10-year bond, maturing on 21 May 2035, has a fixed annual coupon of 3.875% and a principal amount of €500 million.
The disbursement of both bond series is scheduled for 21 May 2025. In conjunction with this issue, Naturgy yesterday launched a repurchase offer for several series of its senior bonds and subordinated debentures in limited circulation for a maximum principal amount of €1 billion across all bond series combined.
