Business World

Monday 11 December 2017

RBS to offer credit advice to Bord Gais

RBS saw losses of 607 million pounds
RBS saw losses of 607 million pounds

BORD Gais has appointed the Royal Bank of Scotland as an adviser for funding and credit rating issues on the proposed sale of Bord Gais Energy.

This will complement the work being undertaken by RBC Capital Markets, which is acting as financial advisers for Bord Gais on the proposed sale. GDF Suez, France's largest utility by market value, Centrica and E.ON may bid for the unit, according to media reports. Bord Gais Energy is worth €1.4bn.

Irish Independent

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