San Donato Milanese (Milan), 20 June 2012 - Eni has mandated Banca IMI S.p.A., BBVA, Deutsche Bank AG, The Royal Bank of Scotland plc, Société Générale as Joint Bookrunners for its upcoming fixed rate Euro benchmark size 7-year bond offering.
The bond is issued within the framework of the Euro Medium Term Notes programme and in accordance with the resolution adopted by Eni’s Board of Directors on 15 March 2012. The issuance aims at maintaining a well-balanced financial structure between Eni's short and medium-long term debt.
The transaction will be launched subject to market conditions and the offering is restricted to institutional investors only. The bond will be listed on the Luxembourg Stock Exchange.
Eni is rated A2 (outlook negative) by Moody’s and A (outlook negative) by Standard & Poor’s.