LNG

Oct 28 (LNGJ) - Enagás, the gas network owner in Spain and the country’s largest operator of LNG terminals, has completed the placement of €500 million ($590M) worth of 12-year bonds. Enagás said the bonds would mature in 2032 and have an annual coupon of 0.375 percent. “This operation has been completed with the lowest interest rate achieved by a Spanish company for a term of 10 years or more,” said the company. “In addition, it represents the lowest interest rate reached by a utility for an issue in euros for that term,” it added.