NorteGas dual tranche debut hits €5.4bn

Nigel Owen

September 21, 2017 08:30 PM

pipeline FA 230 — Pipeline, part of the sewage treatment plant scene | Stojanovic Milos/shime - Fotolia

Spanish gas distribution company NorteGas Energía Distribución was the only investment grade corporate bond issuer in the euro corporate bond market on Thursday. Its debut deal was a €1.3bn five year and 10 year dual tranche offering with order books totalling €5.4bn.

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Nigel Owen