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Snam SpA Approves Renewal of EMTN Program and Issue of Bonds

Tuesday, 11 Jun 2013 11:39am EDT 

Snam SpA announced that the Board of Directors approved on June 11, 2013 the renewal of the EMTN Program for a maximum overall value of up to EUR 10 billion and the issue before June 30, 2014 of one or more bonds, with an overall value of up to EUR 2.5 billion, to be placed with institutional investors operating in Europe. The bonds may be listed on one or more regulated markets. As part of the one-year EMTN Program approved on June 4, 2012 for a total value of EUR 8 billion, there are outstanding bonds for an overall amount equal to EUR 7.5 billion . 

Company Quote

-0.034 -0.83%
19 Dec 2014