GC Asia
Gas Networks, Rai, Tamburi enjoy demand
After a day of global investor calls on Tuesday, Gas Networks Ireland and Radiotelevisione Italiana (Rai) launched sub-benchmark bonds on Wednesday morning. That followed a deal by Tamburi Investment Partners on Tuesday.
Gas Networks Ireland, rated A3/A with stable outlooks, a wholly owned subsidiary of Ervia (formerly Bord Gáis Éireann), owns and operates the natural gas network in Ireland. It has 680,000 natural gas customers and a 14,172km long pipeline network spanning Scotland, Northern Ireland and the Isle of Man.
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