Gas Natural SDG SA (GAS.MC) has signed a EUR4 billion syndicated loan with 18 banks, the Spanish energy company said Wednesday.

In a press release, Gas Natural said Banco Santander SA (STD), Banco Bilbao Vizcaya Argentaria SA (BBVA), Citibank (C) and Royal Bank of Scotland PLC (RBS), among others, would participate in the loan.

Gas Natural said the loan would be used to cover debt accrued from the takeover of rival Union Fenosa and other outstanding loans the company has.

Company Web Site: http://www.gasnatural.com

-By Jason Sinclair, Dow Jones Newswires, 34-91-395-8127, jason.sinclair@dowjones.com

 
 
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