Press Releases
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17 DecPrice sensitive
Acquisitions
Snam completes the acquisition of the 20% interest held by Norway’s Statoil in TAP
Snam S.p.A. has completed the acquisition of the 20% interest held by Statoil Holding Netherlands B.V. in the Trans Adriatic Pipeline AG (TAP), for an amount of Euro 130 million.
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10 DecPrice sensitive
Other financial
EIB grants Snam a 373 million Euro loan for the development of Snam Rete Gas projects
Snam and the European Investment Bank (EIB) have signed a 373 million Euro loan agreement for the financing of investments promoted by Snam Rete Gas.
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10 DecPrice sensitive
Transportation
Snam Rete Gas: allowed revenues for 2016 approved
The Regulatory Authority for Electricity, Gas and Water has approved the allowed revenues for 2016, through resolution no. 587/2015/R/gas.
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01 DecPrice sensitive
Other financial
Snam and Statoil sign exclusivity right for the purchase of Statoil’s 20% interest in TAP
Snam S.p.A. signed an exclusivity right with Statoil Holding Netherlands B.V. for the purchase of the 20% interest held by Statoil in the Trans Adriatic Pipeline AG (TAP).
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11 NovPrice sensitive
Other financial
Positive outcome of the Tender Offer on Snam notes
On 3 November 2015, as described in the related press releases, Snam S.p.A. (rated BBB by S&P, Baa1 by Moody’s and BBB+ by Fitch) launched a fixed rate note issue for a total amount of 750 million euro, maturity 19 November 2023, 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 3 November 2015 and completed on 10 November 2015 (Tender Offer).
05 August 2016 - 16:19 CEST