Credit Investor Update - 9 July 2010
Ashley Almanza, Chief Financial Officer, held a webcast on 9 July 2010 at 9.00am (UK) / 10.00am (CET), in order to provide an update on BG Group's strategy to credit investors.
If you would like to view the webcast, please select the link below:
If you would like to view last year's Credit Investor Update, please click here
Publicly Traded Bonds
|
Amount |
Maturity |
|
Coupon |
Exchange |
| GBP 250 Million |
13 November 2012 |
|
5.875% p.a. |
London |
| EUR 750 Million |
15 July 2013 |
|
3.375% p.a. |
London |
| GBP 500 Million |
7 December 2017 |
|
5.125% p.a. |
London |
| EUR 500 Million |
16 July 2019 |
|
3.625% p.a. |
London |
These bonds are issued by a wholly-owned BG Group subsidiary, BG Energy Capital plc (BGEC) and are guaranteed by BG Energy Holdings Ltd (BGEH). BGEH is a direct subsidiary of BG Group plc and the holding company for all of the Group's trading subsidiaries.
Download the 2009 Annual Report and Accounts of BGEH
(PDF - 1Mb)
Download the 2009 Annual Report and Financial Statements of BGEC
(PDF - 4Mb)
Credit Ratings
BGEH is rated by three major credit rating agencies.
|
Rating
Agency |
Long Term
Rating |
|
Date
Assigned |
Outlook
|
| Fitch |
A+ |
|
September 2007 |
Stable |
| Moody's |
A2 |
|
August 2005 |
Stable |
| Standard & Poor's |
A |
|
April 2008 |
Stable |
BGEH's objective is to maintain long-term credit ratings equivalent to mid-single A from all the above agencies.