Snam in talks to reprice €5bn loan even as Italy volatility rumbles on

Italian corporate financing markets appear blissfully unaware of the continuing absence of a working government in the country, with Snam able to hold discussions with lenders about cutting pricing on one of its loans, EuroWeek can reveal. The gas transporter is hoping to reprice the outstanding €5bn of a €9bn facility it signed in July last year, writes Nina Flitman.