Cepsa completes $810 million bond to support hydrogen production investment plan

Spanish oil and gas company Cepsa has completed a new bond issue for €750 million ($810 million), with the issue closed with an annual coupon of 4.125% and maturity in April 2031. The bond will support its investment plan in 2G biofuels and green hydrogen production, as well as the deployment of a network of speedy electric chargers. “The success of this bond issue reflects the support from the investment community for Cepsa’s transformation strategy and their confidence in our business prospects for the coming years,” said Cepsa CFO and director of strategy and sustainability Carmen de Pablo. The bond