BG Group issues ?1 billion seven-year euro bonds

09 November 2011

BG Group issues €1 billion seven-year euro bonds

BG Group today announced the issue of €1 billion of euro-denominated bonds (approximately $1.37 billion). The seven-year bonds are due 16 November 2018 and pay a coupon of 3%.

The bonds have been issued by BG Energy Capital plc, a wholly owned subsidiary of BG Group plc, and are guaranteed by BG Energy Holdings Limited. They are expected to be rated A, A2 and A by Fitch, Moody's and Standard & Poors respectively.

Settlement of the offering will occur on 16 November 2011, subject to customary conditions.

The bond issue was managed by a group of banks comprising Credit Agricole, Deutsche Bank, HSBC, Lloyds Bank and Société Générale.

BG Group Chief Financial Officer, Fabio Barbosa said: "BG Group has again successfully accessed the international debt markets, this time with euro-denominated bonds. A high quality and substantially oversubscribed order book has once again demonstrated our good standing in the international debt markets and provides a clear endorsement of our plans by investors.

"Following the success of our $3 billion US and £750 million sterling bond issues last month, we have again taken the opportunity to access the debt capital markets to lock in attractive long-term funding costs in the current low interest rate environment. These bond issues, totalling some $5.6 billion, combined with our existing committed facilities of $5.75 billion, provide further capacity for financing our global growth agenda."

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Notes to Editors:

BG Group plc (LSE: BG.L) is a world leader in natural gas, with a strategy focused on connecting competitively priced resources to specific, high-value markets. Active in more than 25 countries on five continents, BG Group has a broad portfolio of exploration and production, Liquefied Natural Gas (LNG) and transmission and distribution business interests. It combines a deep understanding of gas markets with a proven track record in finding and commercialising reserves. For further information visit: www.bg-group.com

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There are matters set out within this announcement that are forward-looking statements. Such statements are only predictions, and actual events or results may differ materially. For a discussion of important factors which could cause actual results to differ from these forward-looking statements, refer toBG Group's Annual Report and Accounts for the year ended 31 December 2010. BG Group does not undertake any obligation to update publicly, or revise, forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.