Img_oil_Our_channel.jpg
enioilproducts

Your business, our energy

Products and solutions for business and customers Italy and abroad

Img_enjoy_Our_channel.jpg
ENJOY

Get around town easily

Live the city with Eni's car-sharing service

PRICE SENSITIVE
Financial news, results and Strategic Plan

Eni: fixed rate bond offering

13 September 2016 - 9:55 AM CEST
 

San Donato Milanese (Milan), 13 September 2016 – Eni has mandated Banca IMI, BNP Paribas, BofA Merrill Lynch, Deutsche Bank, MUFG and UniCredit Bank as Joint Bookrunners for its upcoming dual tranche Euro benchmark size fixed rate bonds offering with 8 year and 12 year maturity, both issued under its existing Euro Medium Term Note Programme and to be placed on the Euromarket.

The bonds are 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 7 September 2016. The issuance is aimed at pre-funding the group’s future financial needs and 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 bonds will be listed on the regulated market of the Luxembourg Stock Exchange.

Eni is rated Baa1 (outlook stable) by Moody's and BBB+ (outlook stable) by Standard & Poor's.

Download the press release (PDF)

PDF 299.20 KB 13 September 2016 CEST 09:55
PDF 299.20 KB