Gas Natural Fenosa Finance €500 million notes issue

Value:

€ 500 million

Dollar value:

$ 527.231 million

Status:

Completed

Date:

1/4/2015

Gas Natural Fenosa Finance has undertaken a €500 million notes issue.
The 3.375% notes are nine year non-call deeply subordinated guaranteed fixed rate reset securities, guaranteed by Gas Natural.
Société Générale, Banco Santander, Bankia, Caixabank, Citigroup Global Markets, Crédit Agricole, HSBC and RBS acted as joint bookrunners.
Gas Natural SDG, trading as Gas Natural Fenosa, is a Spanish natural gas utilities company which operates primarily in Spain but also in countries such as Italy, Mexico, Colombia, Argentina, Puerto Rico, Moldova and Morocco.

Adam Majeed - Regional editor

Spain

Investment grade bond/note issue

Capital markets : Debt

Oil and gas

Linklaters

Party: Société Générale (Joint bookrunner)

Party: Banco Santander (Joint bookrunner)

Party: Bankia (Joint bookrunner)

Party: Caixabank (Joint bookrunner)

Party: Citigroup Global Markets (Joint bookrunner)

Party: Crédit Agricole Corporate and Investment Bank (Joint bookrunner)

Party: HSBC (Joint bookrunner)

Party: The Royal Bank of Scotland (Joint bookrunner)

Lawyers: Federico Briano, Iñigo Berricano, Jorge Alegre