Snam nabs €500m before storm breaks in US

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

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Snam nabs €500m before storm breaks in US

On an extraordinary day in the capital markets, a very ordinary corporate bond was issued on Wednesday — a €500m 8.5 year issue for Snam, the Italian gas transport group, that was nicely oversubscribed and closed trading at reoffer.

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