Finance, strategy and reporting

Eni: fixed rate bond offering

27 January 2015 - 9:46 AM CET

San Donato Milanese (Milan), 27 January 2015 - Eni has mandated Barclays Bank Plc, Citigroup,  Crédit Agricole CIB, J.P. Morgan and UniCredit as Joint Bookrunners for its upcoming fixed rate Euro benchmark size 11 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 Notes Programme and in accordance with the resolution adopted by Eni's Board of Directors on 20 January 2015. 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 stable) by Moody's and A (CreditWatch negative) by Standard & Poor's.

Download the press release (PDF)

PDF 35.10 KB 27 January 2015 CET 09:46
PDF 35.10 KB