Enagas Closes EUR 1.2 Billion Financing Deal

Enagás of Spain signed a financing deal worth a total of €1.2 Bn. The facility, a self-arranged Club Deal, will be used to refinance and extend the company’s lines of credit from three to five years.

The funds are earmarked for optimising Enagás’s liquidity and financial structure, and the deal will contribute to hitting the profitability and debt targets established in the 2013-2015 Strategic Update.

The financial institutions party to the deal are BBVA, Banco Santander, Barclays, BNP Paribas, Caixabank, Citibank, Mediobanca, Natixis, Société Générale, Crédit Agricole, Intesa San Paolo, JPMorgan and Mizuho. The line of credit has been arranged with a number of international banks, which have jointly contributed more than 70% of the total funds.

LNG World News Staff, December 12, 2013; Image: Enagás

Share this article

Follow LNG World News


<< Mar 2019 >>
25 26 27 28 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

6th Mozambique Gas Summit & Exhibition

The CWC Group and ENH would like to thank all attendees, speakers, sponsors and exhibitors…

read more >


LNG2019 is presented by the IGU, GTI and IIR, supported by the Shanghai Government and hosted by China LNG Association, China Gas Society, The Chinese Association of Refrigeration and China Gas Association.

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

Meet with the Gas, LNG & Power Industry in Brazil & the Americas

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >