Fluxys raises 350 mln euros from bond issue

BRUSSELS Nov 20 (Reuters) - Fluxys, the operator of Belgium's network of natural gas pipelines, said on Friday it had raised 350 million euros ($519.8 million) from a bond issue maturing in 2015 and closed it early.

The company had said on Wednesday it was looking to raise at least 100 million euros from the 4.125 percent retail bond. [ID:nLI131700].

The bond issue is being organised by BNP Paribas Fortis and Dexia Banque.

Fluxys said it would use the revenue to finance its investment programme. It has infrastructure projects planned for the period 2008-2017 valued at 2.8 billion euros. ($1=.6733 euros) (Reporting by Philip Blenkinsop; Editing by Greg Mahlich)