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Rome, 7 September 2016 – Eni's Board of Directors today approved the possible issue of one or more bonds, to be placed with institutional investors, with a value up to a maximum aggregate amount of 2.5 billion euro, or its equivalent in other currencies, to be issued in one or more tranches by 31 December 2017.
The bonds will enable Eni to pre-fund the future financial needs and to maintain a well-balanced financial structure in terms of short term and medium/long-term debt and average duration of the debt. The bonds may be listed on one or more regulated markets.
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