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SPP-Distribucia plans €500 million offering of bonds due 2031
By Rebecca Melvin
Concord, N.H., June 2 – SPP-Distribucia AS plans to price €500 million of senior unsecured bonds due 2031 (expected ratings: Baa2), according to market sources.
Erste Group Bank AG is a manager of the deal, for which proceeds are expected to be used to repay the company's outstanding €500 million bond due on June 23.
The natural gas pipeline company is based in Bratislava, Slovakia.
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