OREANDA-NEWS. SPP - distribucia, a.s closed the order book for its issue of Eurobonds worth EUR 500 mln. The bonds reach maturity 7 years from the date of placement and have a 2.625% coupon. The Eurobonds were sold under Regulation S format, and are now listed on the Irish Stock Exchange (ISE).

Sberbank CIB was one of the lead managers of the issuance.

SPP - distribucia, a.s. started its activity on 1 July 2006 through the legal separation of all activities related to natural gas distribution and distribution assets as a 100% subsidiary of SPP (Slovensky plynarensky priemysel, a.s.). SPP - distribucia, a.s. is the owner and operator of a gas distribution network, which accounts for approximately 98% of the volumes distributed in the territory of the Slovak Republic. The total length of pipelines on all pressure levels operated by SPP - distribucia is now more than 32,000 km. The company distributes natural gas to approximately 1.5 million customers, while more than 94% of all inhabitants of the Slovak Republic have access to natural gas.