Romgaz secures €500 million in oversubscribed bond issue

Business Forum

29 October, 2025 at 4:03 PM

State-owned gas producer Romgaz concluded the subscription process for its second issue of bonds under the Euro Medium Term Notes Program (EMTN Programme) on October 28.

The new bond issue is valued at €500 million and has a maturity of six years, with a coupon set at 4.625% per annum.

This transaction was met with strong demand from institutional investors, resulting in the issue being oversubscribed by approximately eight times.

Răzvan Popescu, CEO of ROMGAZ, said: "By this operation, we are consolidating both our role as predictable issuer and the strategy for diversifying funding sources, ensuring a sustainable debt structure, in line with our long-term growth objectives.”

The capital generated from this inflow is earmarked to support the financing of current projects and to support the company's long-term strategy.

OMV Petrom, Romgaz kick off Neptun Deep pipeline construction

OMV Petrom and Romgaz have started construction of the offshore pipeline for the Neptun Deep project, marking progress in Romania's largest natural gas development.

Energy

Romgaz invests in real-time well monitoring

State-owned gas producer Romgaz has entered into an eight-year strategic partnership with Weatherford International to implement a real-time digital well monitoring system.

Energy

Electrica and Romgaz partner to accelerate green energy transition

State-owned energy companies Electrica and Romgaz have signed a Memorandum of Understanding to jointly develop green energy projects with an installed capacity of up to 400 MW.

Finance

Stanleybet returns to BVB with second bond issue

Stanleybet Capital, owner of a network of sports betting and slot machine agencies, has listed its second corporate bond issue worth RON 14.8 million (almost €3 million).

Finance

Romania sold almost €10 billion in bonds to retail investors since 2020

The Romanian government has attracted almost RON 47.5 billion (EUR 9.6 billion) from retail investors through the 22 offers held since August 2020.

Energy

Romgaz seeks consultant for fertilizer producer Azomureș takeover

Romanian state-owned gas producer Romgaz is looking for a consultant for its planned purchase of Azomureș.

Economy

Consequences of credit rating downgrades for Romania

Romanian 10-year euro-denominated bonds currently trade at a yield of 5.96%, representing a 351-basis point (bps) spread over German Bunds, which equals to 3.51% over Germany.

LATEST NEWS

15 Jun

Romania hits 31 da Vinci robotic surgery programs

15 Jun

FintechOS turns profitable over higher US sales

15 Jun

Romania's €5 billion investment overhaul: what firms must know

15 Jun

OMV Petrom kicks off solar/storage large scale project in Bulgaria

12 Jun

Romania faces higher farming costs despite falling EU output prices

RECOMMENDED FROM THE HOME PAGE

Finance

Romania's €5 billion investment overhaul: what firms must know

Romania is entering a new stage, with its multiannual economic recovery programme launching in 2026, carrying an estimated budget of around €5 billion through 2032 and a dedicated framework for anchor-type strategic investments above €200 million, according to experts at EY Romania.

Finance

FintechOS turns profitable over higher US sales

FintechOS, the financial technology company founded in Romania that provides AI-based digitalisation solutions for banks and insurers, has reached profitability on the back of a 40% rise in recurring revenue at the end of Q1, company representatives said.

Energy

OMV Petrom kicks off solar/storage large scale project in Bulgaria

OMV Petrom, an integrated energy producer in Southeast Europe, has made the final investment decision for Gabare, an integrated solar energy and battery storage project in Bulgaria.

Industry

Romania hits 31 da Vinci robotic surgery programs

Romania has reached 31 da Vinci robotic surgery programs nationwide, of which 8 are in the public healthcare system. The most recent system, installed at Fundeni Clinical Institute, marks the expansion of robotic surgery in Romanian public hospitals and the regional milestone of 100 da Vinci systems across the SOFMEDICA region: Romania, Greece, Bulgaria, Hungary, Cyprus, Croatia and Slovenia.

Agriculture