GDF Suez bonds start BSE trading

Newsroom 20/11/2012 | 15:47

The corporate bonds in French utility GDF Suez Energy Romania have stared trading on the Bucharest Stock Exchange (BSE) on Tuesday, according to Agerpres newswire.

GDF Suez raised RON 250 million (EUR 55 million) from the oversubscribed bond auction. The bond issue was carried out on the BSE in late October. It targeted qualified investors such as pension and investment funds.

The bonds, which have a 5-year maturity, had an annual fixed interest of 7.4 percent. BRD Groupe Societe Generale acted as intermediary for the offer.

In Romania GDF Suez supplies natural gas and electricity, handles gas distribution and power production. The utility has a distribution network of 17,000 kilometers and employs around 4,000 people.

Ovidiu Posirca

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue