Naturgy to Meet With Rating Agencies on Split Plans, Cinco Dias Reports
June 29 2022 - 5:40AM
Dow Jones News
-- Naturgy Energy Group SA is looking at the debt structure of
the two businesses it plans to split into and list, Cinco Dias
reports.
-- The Spanish energy company is expected to meet with rating
agencies soon, according to the newspaper, with one of Naturgy's
key aims being that both entities have an investment grade
rating.
-- Before year end, EUR14 billion in debt needs to be allocated
across the new structure and shared between the two groups, Cinco
Dias reports.
Full story: https://bit.ly/3QWx8ar
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
June 29, 2022 05:25 ET (09:25 GMT)
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