San Donato Milanese (Milan), 5 September 2018 - Eni has mandated BNP Paribas, BofA Merrill Lynch, Citigroup, Goldman Sachs & Co. LLC, J.P. Morgan, Morgan Stanley and Wells Fargo as Joint Bookrunners for its upcoming issuance of US dollar fixed rate bonds, expected to be issued in two tranches of 5 years and 10 years.
The bonds are to be issued in accordance with the resolution adopted by Eni's Board of Directors on 5 April 2018 and are aimed at maintaining a well-balanced capital structure in terms of Eni's short and medium-long term debt and average debt maturity.
The launch of the transaction is subject to market conditions and the offering is restricted to institutional investors only.
Eni is rated A3 (outlook rating under review) by Moody's and A- (outlook stable) by Standard & Poor's.
The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. The information in this announcement is subject to change.
This announcement is not for distribution, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia) or for the account or benefit of any U.S. Person as that term is defined in the Securities Act as defined below (a "U.S. Person"), Australia, Canada, Japan or South Africa or any other jurisdiction where such an offer or solicitation would require the approval of local authorities or otherwise be unlawful (the "Other Countries"). This announcement is not an offer or solicitation to purchase or subscribe for securities in the United States, Australia, Canada, Japan, South Africa or in the Other Countries. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or pursuant to the corresponding regulations in force in Australia, Canada, Japan, South Africa or the Other Countries and may not be offered or sold in the United States or to a U.S. Person absent registration with the United States Securities and Exchange Commission or an exemption from registration under the Securities Act. Eni does not intend to register any part of the securities in the United States or to conduct a public offering of securities in the United States, Australia, Canada, Japan or in the Other Countries.
In any Member State of the European Economic Area ("EEA"), this announcement is only directed at and may only be communicated to persons who are "qualified investors" within the meaning of Article 2(1)(e) of EU Directive 2003/71/EC (the "Prospectus Directive"), as modified by EU Directive 2010/73/EU, in each case as implemented in the relevant jurisdiction ("Qualified Investors").
This announcement is directed only at persons (i) who are persons falling within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (ii) who have professional experience in matters relating to investments falling within Article 19(5) of the Order or (iii) to whom it may otherwise lawfully be communicated (all such persons together being referred to as "relevant persons").
Any investment or investment activity to which this communication relates is only available to relevant persons and will be engaged in only with relevant persons, or in the EEA, with Qualified Investors. Any person who is not a relevant person, a Qualified Investor or otherwise permitted under applicable law or regulation to access this announcement, should not act or rely on this communication.