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.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.