NYSE:NFGGas Utilities
National Fuel Gas' US$1.5 Billion Debt Raise Could Be A Game Changer For NFG
National Fuel Gas recently announced a US$1.50 billion senior notes offering in three tranches maturing in 2029, 2031, and 2036, with the debt underwritten by major banks including TD Securities, Wells Fargo, BofA, and J.P. Morgan.
The offering highlights how the company is using its integrated upstream, midstream, and downstream footprint in the Appalachian natural gas basin to support financial flexibility amid sector headwinds and growing interest in cleaner energy sources.
We’ll now...