Bloomberg: Transgaz May Sell Bonds to Build Gas Pipeline to Central Europe

Romania’s Transgaz SA may sell bonds as early as this fall to finance construction of a gas pipeline to link the Balkan country’s southern region to central Europe, the head of the company said. The natural-gas grid operator will apply for European Union funding in July to back the 560 million-euro ($639 million) project called BRUA, linking Bulgaria, Romania, Hungary and Austria, Chief Executive Officer Petru Vaduva said in an interview in ...

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