Gas Natural Sets Guidance On 6-Year Euro Bond, Swaps +3.40-3.45

1 min read

The FINANCIAL — Spain's Gas Natural Capital Markets SA, a subsidiary of Gas Natural SDG SA, has set initial guidance on its benchmark-size, euro-denominated, six-year bond, one of the banks running the deal said Monday,according to Borsa Italiana – London Stock Exchange Group.


Initial price thoughts are 340-345 basis points over midswaps.

Caixabank, BBVA, Citigroup Inc., HSBC Holdings PLC and Societe Generale SA are the active bookrunners on the sale, which is expected to price later Monday.

The issuer is rated Baa2 by Moody's Investors Service Inc., BBB by Standard & Poor's Corp. and A- by Fitch Ratings.



Leave a Reply