Chicago, Sept. 2 – Czech Gas Networks Investments Sarl, the parent of Czech Grid Holding as, sold a €500 million offering of eight-year green bonds (//BBB+) with a 0.45% coupon at 99.945, according to a stabilization notice.
As previously reported, ING is green structurer of the Regulation S deal, which is the company’s inaugural green bond. ING is also a joint bookrunner together with Citigroup, Societe Generale and UniCredit.
A global investor call regarding the senior secured bond was held on Aug. 27, followed by additional fixed-income investor calls.
The issuer is a natural gas distributor in the Czech Republic.
| Issuer: | Czech Gas Networks Investments Sarl
|
| Issue: | Green bonds
|
| Amount: | €500 million
|
| Maturity: | Sept. 8, 2029
|
| Bookrunners: | ING, Citigroup, Societe Generale and UniCredit
|
| Green structurer: | ING
|
| Coupon: | 0.45%
|
| Price: | 99.945
|
| Trade date: | Sept. 1
|
| Ratings: | Fitch: BBB+
|
| Distribution: | Regulation S
|
| Marketing: | Investor calls
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
