Romgaz successfully issues bonds on international markets

Green Forum
Romgaz successfully concludes the first issue of bonds on the international markets. The Board of Directors of Romgaz approved on September 30, 2024, the final terms and the execution of the inaugural issue of bonds under the EMTN Programme, with a total amount of €500 million and a maturity of 5 years.

The subscription process of the inaugural issue of bonds under the EMTN Program took place on September 30, 2024. The coupon was set at 4.75 percent per annum. The bonds will mature on October 7, 2029.

“We are pleased to announce that our inaugural €500 million notes issuance, as part of the EMTN program has been successful, which is honoring us and indicates investors' trust in the company's development plans. Besides registering a record number of international investors, the book-building process also registered a demand of more than €5 billion, which marks a first for the issuance of corporate bonds in Romania. It is an even greater pleasure to say that ROMGAZ, a Romanian company, has achieved such a performance on the international markets, strengthening its position as a strategic player in the regional energy sector. Many thanks to the shareholders, especially the majority one, for their confidence and support in the issuance and approving such notes program”, stated Răzvan Popescu, Romgaz CEO.

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