Enagás Financiaciones €1.35 billion bond exchange offer

1/2/2015
Bond/note exchange offer

€ 1.35 billion

$ 1.428 billion

Completed

1/2/2015


Overview:

  • Enagás Financiaciones has made an aggregate €1.35 billion bond exchange offer.
  • The intermediated exchange offer consists of the tender offer by BNP Paribas to purchase the outstanding €750 million 4.25% guaranteed notes due 2017 issued by Enagás Financiaciones for cash, and the issue of €600 million 1.25% notes by Enagás Financiaciones guaranteed by Enagás.
  • The joint dealer managers on the deal were BNP Paribas and Citigroup Global Markets.

Adam Majeed - Regional editor

Jurisdiction:

Spain

Deal type:

Bond/note exchange offer

Practice area:

Capital markets : Debt

Industry sector:

Oil and gas


Firm:

Party: BNP Paribas (Dealer manager)

Party: Citigroup Global Markets (Dealer manager)