BIT:SRGGas Utilities
Snam (BIT:SRG) Stock Could Be 34% Below Fair Value After €1.5b Green Bond Sale
Why Snam stock investors are watching the new green and sustainable bonds
Snam (BIT:SRG) has just completed a dual tranche fixed income offering totaling about €1.5b, issuing climate and sustainable variable rate notes maturing in 2030 and 2036. This event could influence how investors view its capital structure.
See our latest analysis for Snam.
The new green and sustainable bonds come at a time when Snam’s share price has a 1-month share price return of 3.32% and a year to date share price...