Fluxys G Secures EUR 300 Million Bond Loan (Belgium)

June 9, 2011

Fluxys Finance, a subsidiary of Fluxys G, has successfully closed the private placement of a bond loan. A total of €300 million has been secured and the offer period was early terminated.

The aim of the bond loan is to diversify the financing of Fluxys G’s investment projects.

The bonds have a term of six years and offer an interest rate of 4,577%. Fluxys G guarantees the commitments made by Fluxys Finance, the unit responsible for the centralised management of cash funds and financing of the group. Bank Degroof has assisted Fluxys G in the preparation and realisation of this private placement.

The bond loan is a new step forward for Fluxys G in diversifying its financing. Its success confirms the investors’ confidence in the strategy and vision of the group. As transmission infrastructure company operating on the North-Western European natural gas market, Fluxys G whishes to enhance security of supply and the well functioning of the market by promoting cross-border natural gas flows and transfers in that region. Fluxys G will use the funds collected by the transaction mainly to finance its comprehensive investment programme both in Belgium and in North-Western Europe.

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Source: Fluxys G, June 9, 2011;