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Naturgy Energy Group Issues €1 Billion in Bonds to Strengthen Financial Position

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Naturgy Energy Group, S.A. ( (ES:NTGY) ) just unveiled an update.

Naturgy Energy Group, S.A. has announced the issuance of two series of senior unsecured fixed-rate bonds under its Euro Medium Term Note Program, with maturities of 6 and 10 years, each valued at €500 million. This strategic financial move aims to optimize the company’s debt profile and enhance its liquidity position, potentially impacting its market competitiveness and stakeholder confidence.

The most recent analyst rating on (ES:NTGY) stock is a Hold with a EUR25.00 price target. To see the full list of analyst forecasts on Naturgy Energy Group, S.A. stock, see the ES:NTGY Stock Forecast page.

More about Naturgy Energy Group, S.A.

Naturgy Energy Group, S.A. operates in the energy sector, focusing on the production and distribution of natural gas and electricity. The company is committed to providing sustainable energy solutions and has a significant presence in the European market.

YTD Price Performance: 12.43%

Average Trading Volume: 367,023

Technical Sentiment Signal: Buy

Current Market Cap: €24.77B

For a thorough assessment of NTGY stock, go to TipRanks’ Stock Analysis page.

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