FrançaisBond Snamprogetti 0% ( XS2680891442 ) in EUR
| Issuer | Snamprogetti |
| Market price | 100 % ⇌ |
| Country |  Italy
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| ISIN code |
 XS2680891442 ( in EUR )
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| Interest rate | 0% |
| Maturity | 19/09/2023 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| Detailed description |
Snam S.p.A. is an Italian energy infrastructure company operating the country's largest natural gas transportation network and managing regasification terminals and storage facilities. A notable recent event in the fixed income market is the successful full repayment of a specific bond issued by Snam S.p.A., identified by the ISIN code XS2680891442. This debt instrument, which reached its maturity date on September 19, 2023, has since been fully redeemed by the issuer. Snam S.p.A. stands as a key player in the European energy infrastructure sector, primarily operating in the transportation, storage, and regasification of natural gas. Based in Italy, the company plays a strategic role in ensuring energy security and supply for both its domestic market and broader European regions. Originating from Italy and denominated in Euros (EUR), this particular bond was characterized by a zero-coupon structure, indicating a 0% interest rate. Such instruments typically provide returns through the discount at which they are purchased relative to their face value at maturity. At the point of its redemption, the bond's market price was recorded at 100% of its principal, signifying its full repayment. Consistent with its zero-coupon nature, the payment frequency effectively culminated in a single principal disbursement at maturity. |