The second issue of bonds under the Euro Medium Term Notes Program of ROMGAZ ("EMTN Programme")
Societatea Nationala de Gaze Naturale ROMGAZ SA (“SNGN ROMGAZ SA, “ROMGAZ”) informs the investors that, on October 28, 2025, the subscription process of the second issue of bonds under the Euro Medium Term Notes Program of ROMGAZ ("EMTN Programme") took place. The new issue of bonds is worth EUR 500,000,000 and has a maturity of 6 years.
The subscription process of the EUR 500,000,000 issue of bonds under the EMTN Program took place on October 28, 2025. Coupon was set at 4.625%/per annum. The bonds will mature on November 4, 2031.
“The result of the second issuance of bonds under the EMTN Program, at a 4.625% interest, confirms ROMGAZ capacity to access the international capital markets under competitive conditions. The EUR 500 million transaction with a maturity of six years was oversubscribed by approximately eight times, thus indicating a strong demand, as well as the confidence of institutional investors in the company’s development strategy and, therefore, in the Neptun Deep Project. By this operation, we are consolidating both our role as predictable issuer and the strategy for diversifying funding sources, ensuring a sustainable debt structure, in line with our long-term growth objectives. I would like to thank the ROMGAZ team, the financial institutions involved, as well as the consultants who assisted us in carrying out this issue of bonds”, stated Răzvan Popescu, ROMGAZ CEO.
Deputy CEO Aristotel Jude declared that: “ROMGAZ professionalism and projects, on one hand, and investors trust in our company, on the other hand, came together in the company's second issue of bonds, reaffirming that the European Union undoubtedly needs natural gas to ensure regional energy safety, in a highly complicated regional context. Neptun Deep, together with onshore production, is the key to regional security in terms of natural gas. I would like to thank everyone involved in this issue of bonds. I would like to thank my colleagues in the company's management and employees for their efforts, without them achieving our goals would be more difficult”.
“The outcome of this bonds issue is another step forward in the direction we have set ourselves, with the interest shown by investors in this type of instrument being further proof of the confidence enjoyed by ROMGAZ. This capital inflow shall support financing of our projects in progress and shall help us fulfil ROMGAZ strategy. We would like to thank everyone involved in this process, whether our colleagues, the consortium of banks, or the consultants who supported us in this endeavor, everyone's contribution being highly appreciated”, stated Gabriela Trânbițaș, CFO.
