Italy: Snam hired banks to repay 12 bln-euro loan
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Italy: Snam hired banks to repay 12 bln-euro loan

Rome : Italy | Apr 06, 2012 at 1:42 AM PDT
Source: AKI
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Snam SpA has hired banks for a 12 billion-euro bridge loan to repay debt owed to Eni SpA, which is selling its 50 percent stake in the Italian gas network, according to two people familiar with the matter. JPMorgan Chase & Co., BNP Paribas SA, Intesa Sanpaolo SpA and UniCredit SpA will coordinate the facility,... FULL ARTICLE AT AKI
 
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