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SNAM USD MULTI TRANCHE CRP BBB+ FIXED RATE SYNDICATED GLOBAL BOND (XS3055654662, XS3055657848, XS3055659620)

Post Date: 22 May 2025

Snam has priced a USD denominated multi tranche syndicated Global Bond.

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Issuer Details
Issuer Snam S.p.A
LEI 8156002278562044AF79
Industry Oil and Gas Storage and Transportation
Country Italy
Issuer Description Snam S.p.A. is an Italian natural gas infrastructure company. . Snam S.p.A. owns and operates Italy's natural-gas distribution network. The Company transports gas on behalf of importers, distributors, and companies supplying Italian households. Snam owns a network of high-and medium-pressure pipes, including trunk lines connected to production and importation sites in Italy.
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Trade Details
Security Type Bond
Amount USD [Login to see full details]
Total Amount including taps USD [Login to see full details]
Total Amount Outstanding USD [Login to see full details]
Total Order Book USD [Login to see full details]
Structure Fixed Rate
Coupon [Login to see full details]
Price [Login to see full details]
Reoffer [Login to see full details]
It came at a spread of [Login to see full details] in the Global bond market.
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Maturity Date [Login to see full details]
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A Global Distribution bond is a bond issued in a form that allows it to be traded in both the relevant local (onshore) and the offshore international, also called eurobond, market. To allow for this Global Market bonds typically have two ISINs, one for clearing in the local onshore market and one for clearing in the offshore international eurobond market. It can be denominated in any freely tradeable currency.

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