Due to the extraordinary success of its bond issue, Fluxys has early terminated the offer period. Fluxys has issued bonds for an overall amount of €350 million.
The operation was organized through BNP Paribas Fortis and Dexia Banque. The bonds have been issued on 21 December 2009 in accordance with the terms and conditions as set out in the prospectus dated 17 November 2009.
The bonds have a gross annual coupon of 4.125%, giving a gross actuarial yield of 3.775% on the issue price of 101.849% (including commission on sales). The bonds will be accepted for trading on the regulated market of Euronext Brussels.
Fluxys will use the revenue from the transaction to finance its comprehensive investment programme. The company’s indicative investment programme for the period 2010-2019 comprises infrastructure projects with an estimated value of €2.1 billion. The Fluxys projects aim to anticipate the evolution of gas demand in Belgium, attract new cross-border natural gas flows on the basis of long-term contracts and open the company’s network to as many natural gas sources as possible.
Prospectus> To access the prospectus detailing the retail bond issue, you must first read the waiver
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