As part of the financing strategy for the Neptun Deep project, Romgaz announced the launch of its second bond issuance, worth 500 million euros. The General Director Răzvan Popescu emphasized the importance of this issuance, mentioning that Romgaz has significantly increased in value in recent years, transforming from a dividend issuer into a "growth stock."
The bonds have a maturity of 6 years and a fixed annual interest rate of 4.625%, being listed on the Bucharest Stock Exchange under the symbol SNG31E. Romgaz has created a Euro Medium-Term Notes (EMTN) program of 1.5 billion euros to facilitate investors' access to these bonds. Additionally, the company has become the sole shareholder of Romgaz Black Sea Limited, thus strengthening its position in the energy sector in Romania.
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