ZF has previously reported that Romgaz will sell EUR1.5 billion worth of notes. The company chose JPMorgan, the largest US bank to lead the group of banks that will handle the program, which includes Citi Bank, UniCredit, Raiffeisen, Erste and Banca Transilvania, while Rothschild serves as consultant.
“The establishment of the Euro Medium Term Notes Program of S.N.G.N. Romgaz S.A. (“EMTN Program”) and submission of the EMTN Program Base Prospectus for approval with the Commission de Surveillance du Secteur Financier of Luxembourg (“CSSF”) as competent authority according to Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14, 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC,” Romgaz said in a report to the Bucharest Stock Exchange.
The Base Prospectus of the EMTN Program was approved by the CSSF on September 20, 2024.
The issue of notes (Offers) and specific final terms under the EMTN Program, admission to trading, respectively listing to the regulated markets will be approved by subsequent resolutions specific to each issue.
(English version by Loredana Fratila-Cristescu)