Romania's Romgaz issues EUR 500 mln FX bond to finance offshore gas project Neptun Deep

Romanian natural gas producer Romgaz (BVB: SNG) launched a EUR 500 million bond with a maturity of six years and a fixed coupon on October 28.

This is Romgaz's second exit on the external capital markets, after the success of the previous EUR 500 million issue, with a five-year maturity, in October 2024. Both bonds are largely aimed at funding the Neptun Deep offshore project, where the company holds a 50% stake