{"id":40728,"date":"2023-02-09T13:12:28","date_gmt":"2023-02-09T12:12:28","guid":{"rendered":"https:\/\/www.naturgy.com\/fixed-income\/participaciones-preferentes-2005\/"},"modified":"2023-03-22T16:29:46","modified_gmt":"2023-03-22T15:29:46","slug":"preferred-securities-2005","status":"publish","type":"page","link":"https:\/\/www.naturgy.com\/en\/shareholders-and-investors\/investors\/fixed-income\/preferred-securities-2005\/","title":{"rendered":"Preferred securities 2005"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"40728\" class=\"elementor elementor-40728 elementor-20982\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6f89a81d e-flex e-con-boxed e-con e-parent\" data-id=\"6f89a81d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-26677f80 e-con-full e-flex e-con e-parent\" data-id=\"26677f80\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7ba78e05 elementor-widget elementor-widget-shortcode\" data-id=\"7ba78e05\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"last\">Home<\/span><\/p><\/nav><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-128e69f5 elementor-widget elementor-widget-heading\" data-id=\"128e69f5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Preferred securities 2005<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-68f85d8c e-con-full e-flex e-con e-parent\" data-id=\"68f85d8c\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-488cef3c elementor-widget elementor-widget-spacer\" data-id=\"488cef3c\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3053dfec e-flex e-con-boxed e-con e-parent\" data-id=\"3053dfec\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2e31b3d1 elementor-widget elementor-widget-text-editor\" data-id=\"2e31b3d1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>UNION FENOSA PREFERENTES, S.A.U. made an offer to purchase the preferred securities issued on 30 June 2005.<\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-52fc315c e-flex e-con-boxed e-con e-parent\" data-id=\"52fc315c\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-aec98b1 elementor-widget elementor-widget-heading\" data-id=\"aec98b1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><b>Documents<\/b><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3180fff3 has-icon elementor-widget elementor-widget-text-editor\" data-id=\"3180fff3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/stproportalcorporativo.blob.core.windows.net\/uploads\/2023\/03\/Hecho-relevante-Oferta-de-compra-4-de-mayo-de-2015-1.pdf\" target=\"_blank\" rel=\"noopener\">Official Notice Purchase Offer 4 May 2015(428 KB)<\/a><\/p><p><a href=\"https:\/\/stproportalcorporativo.blob.core.windows.net\/uploads\/2023\/03\/Hecho-Relevante-Resultado-Oferta-Compra-27-mayo-2015-1.pdf\" target=\"_blank\" rel=\"noopener\">Official Notice Purchase Offer 27 May 2015(17 KB)<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e3a4a86 e-con-full e-flex e-con e-parent\" data-id=\"e3a4a86\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c32e815 elementor-widget elementor-widget-spacer\" data-id=\"c32e815\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-571c9ceb grid col-3 e-flex e-con-boxed e-con e-parent\" data-id=\"571c9ceb\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-66479ece kec-table elementor-widget elementor-widget-shortcode\" data-id=\"66479ece\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">\n<table id=\"tablepress-194\" class=\"tablepress tablepress-id-194\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Issuer<\/th><th class=\"column-2\">Uni\u00f3n Fenosa Preferentes, S.A.U. (Sole Shareholder Company)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Guarantor<\/td><td class=\"column-2\">Naturgy Energy Group, S.A.<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Amount<\/td><td class=\"column-2\">\u20ac750 million (*)<br \/>\nNominal value: \u20ac50,000 for each preferred security<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Dividends<\/td><td class=\"column-2\">Subject to existence of distributable profits:<br \/>\nUp to 10th year: Euribor at 3 months + 0.65 %<br \/>\nFrom 10th year: Euribor at 3 months + 1.65 %<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">Payment in kind<\/td><td class=\"column-2\">If distributable profits are available and shareholders are not paid an ordinary dividend, the Issuer may choose to pay the remuneration by means of an increase in the nominal value of the Preferred Securities.<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">Conversion<\/td><td class=\"column-2\">From 30 June 2015, the issuer may either fully or partially redeem the preferred securities issued early.<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">Prices:<\/td><td class=\"column-2\">Luxembourg Stock Exchange<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-194 from cache --><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4e504b13 e-con-full e-flex e-con e-parent\" data-id=\"4e504b13\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5909447a elementor-widget elementor-widget-spacer\" data-id=\"5909447a\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-37134930 e-flex e-con-boxed e-con e-parent\" data-id=\"37134930\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2ceacd09 elementor-widget elementor-widget-text-editor\" data-id=\"2ceacd09\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>(*) At present \u20ac110.3 million outstanding<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-96fe45f e-con-full e-flex e-con e-parent\" data-id=\"96fe45f\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0c6eed7 elementor-widget elementor-widget-spacer\" data-id=\"0c6eed7\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-214bdd3 e-flex e-con-boxed e-con e-parent\" data-id=\"214bdd3\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-124cdef elementor-widget elementor-widget-heading\" data-id=\"124cdef\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Documents<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cff909 has-icon elementor-widget elementor-widget-text-editor\" data-id=\"7cff909\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/stproportalcorporativo.blob.core.windows.net\/uploads\/2023\/03\/Documento-resumen-2.pdf\" target=\"_blank\" rel=\"noopener\">Summary document(262 KB)<\/a><\/p><p><a href=\"https:\/\/stproportalcorporativo.blob.core.windows.net\/uploads\/2023\/03\/Listing-Memorandum-2.pdf\" target=\"_blank\" rel=\"noopener\">Listing Memorandum(281 KB)<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f177642 e-con-full e-flex e-con e-parent\" data-id=\"f177642\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3176999 elementor-widget elementor-widget-spacer\" data-id=\"3176999\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c2af50c e-flex e-con-boxed e-con e-parent\" data-id=\"c2af50c\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a8250f1 elementor-widget elementor-widget-heading\" data-id=\"a8250f1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Related link<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e9ca990 has-icon elementor-widget elementor-widget-text-editor\" data-id=\"e9ca990\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><a class=\"bullet-link \" href=\"https:\/\/www.naturgy.com\/en\/shareholders_and_investors\/investors\/issuances\/preferential_shares_2005\/dividend_payouts_2005\" data-idenlace=\"1477528423971\">Dividend payout<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-99873a6 e-con-full e-flex e-con e-parent\" data-id=\"99873a6\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-61c2fc6 elementor-widget elementor-widget-spacer\" data-id=\"61c2fc6\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>UNION FENOSA PREFERENTES, S.A.U. made an offer to purchase the preferred securities issued on 30 June 2005. \u00a0 Documents Official Notice Purchase Offer 4 May 2015(428 KB) Official Notice Purchase Offer 27 May 2015(17 KB) (*) At present \u20ac110.3 million outstanding Documents Summary document(262 KB) Listing Memorandum(281 KB) Related link Dividend payout<\/p>\n","protected":false},"author":9,"featured_media":0,"parent":33334,"menu_order":6,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-40728","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.naturgy.com\/en\/wp-json\/wp\/v2\/pages\/40728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.naturgy.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.naturgy.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.naturgy.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.naturgy.com\/en\/wp-json\/wp\/v2\/comments?post=40728"}],"version-history":[{"count":10,"href":"https:\/\/www.naturgy.com\/en\/wp-json\/wp\/v2\/pages\/40728\/revisions"}],"predecessor-version":[{"id":56771,"href":"https:\/\/www.naturgy.com\/en\/wp-json\/wp\/v2\/pages\/40728\/revisions\/56771"}],"up":[{"embeddable":true,"href":"https:\/\/www.naturgy.com\/en\/wp-json\/wp\/v2\/pages\/33334"}],"wp:attachment":[{"href":"https:\/\/www.naturgy.com\/en\/wp-json\/wp\/v2\/media?parent=40728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}