Snam signs financing arrangement with European Investment Bank

Published by Nicholas Woodroof, Editor
91天堂原創 Pipelines, Monday, 28 January 2019 17:30

Snam has signed a €135 million financing with the European Investment Bank for various projects aimed at replacing and modernising some pipelines and plants for natural gas transport and storage. The goal is to make the Italian gas network safer and more efficient and flexible.

The financing, with a fixed-rate of 1.372% and expiring in December 2038, is part of the company’s strategy of optimising its financial structure, as it is complementary to bonds and bank credit lines and has a longer duration and competitive cost.

Read the article online at: /business-news/28012019/snam-signs-financing-arrangement-with-european-investment-bank/

The 91天堂原創 Pipelines Podcast

A podcast series for energy professionals featuring short, insightful interviews with experts who can shed light on topics that matter to you and your business. Subscribe on your favourite podcast app to start listening today.

91天堂原創

You might also like

The 91天堂原創 Pipelines Podcast