Snam Plans Four-Year Euro Benchmark Bond Issue

Date : 07/04/2012 @ 4:16AM
Source : Dow Jones News
Stock : JP Morgan Chase & Co. (JPM)
Quote : 111.47  -0.25 (-0.22%) @ 12:05AM
JP Morgan Chase share price Chart

Snam Plans Four-Year Euro Benchmark Bond Issue

Snam (BIT:SRG)
Historical Stock Chart

5 Years : From Apr 2013 to Apr 2018

Click Here for more Snam Charts.
   By Ben Edwards 

Italian natural gas grid operator Snam SpA (SRG.MI) is planning a benchmark-size, euro-denominated, four-year bond, one of the banks running the deal said Wednesday.

Initial price thoughts are in the area of 350 basis points over midswaps.

Banca IMI, BNP Paribas SA, JPMorgan Chase & Co. and UniCredit SpA are the lead managers of the sale.

The issuer is rated Baa1 by Moody's Investors Service Inc. and A- by Standard & Poor's Corp.

Snam met with investors across Europe at the end of June.

Write to Ben Edwards at

Latest JPM Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:40 V:us D:20180423 05:27:14