Snam — Capital/Financing Update 2019

Jan 28, 2019

Informazione Regolamentata n. 0542-3-2019		Data/Ora Ricezione 28 Gennaio 2019 15:13:38	MTA
Societa'	:	SNAM SPA
Identificativo Informazione Regolamentata	:	113316
Nome utilizzatore	:	SNAMN04 - Palladino
Tipologia	:	2.2
Data/Ora Ricezione	:	28 Gennaio 2019 15:13:38
Data/Ora Inizio Diffusione presunta	:	28 Gennaio 2019 15:13:39
Oggetto	:	Snam: € 135 million EIB financing signed
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Snam: € 135 million EIB financing signed

San Donato Milanese, 28 January 2019 – Snam has signed a € 135 million financing with the European Investment Bank (EIB) for various projects aimed at replacing and modernizing 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 optimizing its financial structure, as it is complementary to bonds and bank credit lines and has a longer duration and competitive cost.

snam press office T+ 39 02.37037273 ufficio.stampa@snam.it