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Published on 7/9/2020 in the Prospect News Emerging Markets Daily.

New Issue: Czech Gas Networks prices €600 million 1% notes due 2027 at 99.316

By Sarah Lizee

Olympia, Wash., July 9 – Czech Gas Networks Investments Sarl priced €600 million of 1% senior notes due July 16, 2027 (//BBB+) at 99.316, according to a notice.

Societe Generale CIB is the manager.

The stabilization period started on Thursday and will end on Aug. 14

The gas distribution company is based in the Czech Republic.

Issuer:Czech Gas Networks Investments Sarl
Issue:Senior notes
Amount:€600 million
Maturity:July 16, 2027
Manager:Societe Generale CIB
Coupon:1%
PriceL99.316
Pricing date:July 9
Rating:Fitch: BBB+

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