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Gas Natural Announces Pricing of Long-Term Financing Agreement (EGAS)

Gas Natural Inc. (NYSE: EGAS) today announced that its Ohio subsidiaries, Northeast Ohio Natural Gas Corp, Orwell Natural Gas Corp. and Brainard Gas Corp., priced $15.334 million of 5.38% Senior Secured Guaranteed Fixed Rate Notes due June 1, 2017.  Additionally, Great Plains Natural Gas, the parent of Northeast Ohio Natural Gas and a subsidiary of Gas Natural Inc., priced $3.0 million of 4.12% Senior Secured Guaranteed Floating Rate Notes due May 3, 2014.  Both notes were placed with SunLife Assurance Company of Canada.

Posted-In: News Financing

 

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