On 10 October 2017, as described in the related press releases, Snam S.p.A. (rated Baa1 by Moody’s, BBB by S&P and BBB+ by Fitch) launched a fixed rate note issue for a total amount of 650 million euro, maturity 25 October 2027, potentially aimed at an exchange with some notes already issued by Snam S.p.A. and subsequently acquired by BNP Paribas S.A., pursuant to the tender offer launched on 10 October 2017 and completed on 17 October 2017 (Tender Offer).
26 July 2017
On Wednesday, July 26th, at 3:00 PM CEST the Top Management presents to financial community the 2017 First Half results.
- - Total revenue: €1,268 million
- - EBIT: €714 million
- - Net profit: €504 million
- - Technical investments: €425 million
- - Free Cash Flow: €793 million
Snam has completed today the acquisition of 100% of the issued share capital of Infrastrutture Trasporto Gas S.p.A. (ITG) and a 7.3% quota of the capital of Terminale GNL Adriatico S.r.l. (Adriatic LNG) from Edison, after verification of the conditions precedent for finalising the transaction.
Snam fixed rate note issue successfully launched for a total amount of 650 million euro, maturity October 2027, reserved for institutional investors and aimed at a potential exchange of notes
Today Snam S.p.A. successfully launched a fixed rate note issue, maturity October 2027, for an amount of 650 million euro.
Snam CEO Marco Alverà is among the speakers of TED@BCG 2017, taking place today in Milan.
The fifth Workshop on the new balancing regime, organized by Snam and targeted to Shippers and Traders, will be on October 26th in San Donato Milanese (MI).
Snam foundation joins the promoters of “Welfare, che impresa!”, a competition targeted at young social startups and aimed at creating the excellent conditions to foster a welfare society characterized by economic prosperity, social relationships and quality of services.
Invest in Snam: leader in Italy, leader in Europe.
06 October 2017 - 10:22 CEST