º£½Ç³Ô¹ÏÍø

Skip to main content
  1. Home
  2. Business news
  3. 28 Jan 19
  4. Snam signs financing arrangement with European Investment Bank

Snam signs financing arrangement with European Investment Bank

Published by , Editor
World º£½Ç³Ô¹ÏÍø,

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/

You might also like

 

 The World º£½Ç³Ô¹ÏÍø 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.

     

 
 
 

Embed article link: (copy the HTML code below):

 

This article has been tagged under the following:

Europe pipeline news Natural gas pipeline news