Edition:
United Kingdom

Elia System Operator Completes 500 Million Euro Bond Offering


Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - ELIA SYSTEM OPERATOR SA ::ELIA SUCCESSFULLY COMPLETES EUR 500 MILLION BOND OFFERING.EUR 500 MILLION SENIOR BOND WILL MATURE IN 2026 AND HAS AN ANNUAL COUPON OF 1.375%..PROCEEDS FROM NEW BOND ISSUE WILL BE USED TO REFINANCE AN EXISTING EUR 500 MILLION EUROBOND DUE TO MATURE IN MAY 2019..TRANSACTION WAS 4 TIMES OVERSUBSCRIBED.