Fluxys G closes Sfr1bn acquisition loan in early-bird

19 Dec 2011

Syndication of the Sfr1.043bn (€855m) 10-year debt package backing Fluxys G’s has closed oversubscribed in the early-bird stage, the bookrunners said.

Fluxys has acquired Italian energy company ENI’s 49% stake in the German TENP pipeline, its 46% share in the Swiss Transitgas pipeline and 100% of ENI Gas Transport International.

The loans comprise a Sfr375m acquisition facility for Fluxys Switzerland and Sfr625m refinancing and Sfr43m capex facilities for Transitgas. All ...

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