Italgas launches a new fixed rate bond issue with 9-years maturity, expected nominal amount 500 million Euros

Milan, 1 June 2023 – Italgas S.p.A. (rating BBB+ by Fitch, Baa2 by Moody’s) has launched this morning a new fixed rate bond issue, with maturity 9 years, for an expected amount of 500 million Euros.

Joint Bookrunners of the placement, restricted to institutional investors only, are Banco Santander S.A., BNP Paribas, J.P. Morgan Securities plc, Intesa Sanpaolo S.p.A., Mediobanca S.p.A, Société Générale and Unicredit Bank AG.

The transaction is to be intended as a pre-funding of the Group’s financial needs and is part of Italgas' strategy to optimize its debt structure and extend its financial maturity profile.