Naturgy has successfully completed a bond and hybrid instrument buyback for a total of €1 billion, focusing on securities maturing in 2026 and 2027. This operation is part of the company’s strategy to optimise its debt structure and reduce refinancing risk in the coming years.
The buyback complements last week’s €1 billion bond issue. This issue was structured in two tranches, a 6-year €500 million tranche and a 10-year €500 million tranche. The issue was significantly oversubscribed, reflecting strong market demand and interest from international investors, cementing confidence in Naturgy’s financial strength and strategy.
Thanks to this dual operation, the company has been able to lengthen its debt maturities and strengthen its financial flexibility, in line with its commitment to prudent and sustainable balance sheet management.
About Naturgy
Naturgy has a history of more than 180 years providing solutions for the progress of society. It forms a group dedicated to the generation, distribution and marketing of energy and services. The company is present in more than 20 countries and is mainly active in Spain, Latin America, the United States and Australia.
Naturgy supplies gas and electricity, in regulated and liberalised markets, to almost 16 million customers globally, having consolidated its position as the leading gas supplier at national level and as a reference in the power sector. In Spain, it also provides users with energy solutions and services for maintenance or repair. In the power generation business, the company has an installed capacity of 17.9 GW and a diversified generation mix.
Naturgy’s business model is committed to the sustainable development of society by guaranteeing a supply of eco-friendly, safe and competitive energy and opting for renewable energies and gases.