{"id":6736,"date":"2025-09-12T07:00:28","date_gmt":"2025-09-12T07:00:28","guid":{"rendered":"https:\/\/ofero.news\/?p=6736"},"modified":"2025-09-12T07:00:28","modified_gmt":"2025-09-12T07:00:28","slug":"romanias-romgaz-prepares-new-eurobond-issue","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=6736","title":{"rendered":"Romania&#8217;s Romgaz prepares new Eurobond issue"},"content":{"rendered":"<p>The state-owned company Romgaz (stock exchange symbol SNG), the producer and supplier of natural gas, convened its shareholders on October 20 to decide on the issuance of a new tranche of bonds or the supplementation of the inaugural EUR 500 million tranche, massively oversubscribed in 2024, according to a report to investors, quoted by <a href=\"https:\/\/www.zf.ro\/burse-fonduri-mutuale\/romgaz-convoaca-actionarii-pentru-a-aproba-o-a-doua-transa-de-22900853?mc_cid=1d5cc14dd1&amp;mc_eid=cd1f92f96c\" target=\"_blank\">Ziarul Financiar<\/a>.<\/p>\n<p>R\u0103zvan Popescu, CEO of Romgaz, stated at the ZF Capital Markets Summit conference in March that the company he leads will probably launch a new bond issue of 500 million euros in the fall and another one in 2026.<\/p>\n<p>&#8220;We have the largest investment program, over EUR 1 billion, and 75% goes to Neptun Deep. We cannot finance only from current activity (&#8230;) There is competition from Fidelis, and we will have to reevaluate the interest rate level,&#8221; the CEO said in the spring.<\/p>\n<p>Romgaz listed its first bond issue on the Bucharest Stock Exchange in November 2024, worth EUR 500 million with a 4.75% coupon. As the bonds were issued under a private placement and are not liquid at the BVB, it remains unclear how much Romgaz is actually paying for the financing.\u00a0<\/p>\n<p>The company managed to attract funds through a massively oversubscribed issue, for which investor demand reached almost 6 billion euros.<\/p>\n<p>It was the first tranche of five-year international bonds from the EMTN (Euro Medium Term Notes) program, which will allow the company to issue bonds with a value of up to EUR 1.5 billion.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: Inquam Photos\/Adel Al-Haddad)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The state-owned company Romgaz (stock exchange symbol SNG), the producer and supplier of natural gas, convened its shareholders on October 20 to decide on the issuance of a new tranche of bonds or the supplementation of the inaugural EUR 500 million tranche, massively oversubscribed in 2024, according to a report to investors, quoted by Ziarul [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6736","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/6736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6736"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/6736\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}