Finance, strategy and reporting

Eni: fixed rate bond offering

22 January 2014 - 10:20 AM CET

San Donato Milanese (Milan), 22 January 2014 - Eni has mandated Banca IMI, BNP Paribas, Deutsche Bank, HSBC and Mitsubishi UFJ Securities as Joint Bookrunners for its upcoming fixed rate Euro benchmark size 15 year bond offering under its existing Euro Medium Term Notes Programme.

The bond is to be issued within the framework of the Euro Medium Term Note Programme and in accordance with the resolution adopted by Eni’s Board of Directors on 16 January 2014. The issuance is aimed at maintaining a well-balanced financial structure, in terms of Eni's short and medium-long term debt and average duration of the 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 A3 (outlook negative) by Moody’s and A (outlook negative) by Standard & Poor’s.

Download the press release (PDF)

PDF 31.87 KB 22 January 2014 CET 10:20
PDF 31.87 KB