Finance, strategy and reporting

Eni successfully launched fixed rate bond

10 May 2016 - 7:09 PM CEST

San Donato Milanese (Milan), 10 May 2016 – Eni successfully launched today a dual tranche fixed rate bonds issue at 6 and 12 years for a total notional amount of Euro 1.5 billion. Both transactions was placed in the international Eurobond market.

The 6 year bond amounts to Euro 700 million and pays a fixed annual coupon of 0.750%. The re-offer price is 99.644%.The 12 year bond amounts to Euro 800 million and pays a fixed annual coupon of 1.625%. The re-offer price is 98.732%.

The proceeds of the bonds issue have a general purposes use. The bonds will be listed on the Luxembourg Stock Exchange. The notes were bought by institutional investors mainly in France, Germany, Italy, Spain, Netherlands and United Kingdom.

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PDF 42.11 KB 10 May 2016 CEST 19:09
PDF 42.11 KB