ENI Successfully Launched Fixed Rate Bond

Source Press Release
Company ENI S.p.A. 
Tags Strategy - Corporate
Date January 10, 2017

Eni successfully launched today a fixed rate bond issue for a notional amount of Euro 750 million.

The transaction was placed in the international Eurobond market, under its existing Euro Medium Term Note Programme. The bond has a 10 year maturity (January 2027) and pays a fixed annual coupon of 1.500%.

The re-offer price is 99.229%. The proceeds of the bond issue will be used for general corporate purposes.

The bond will be traded on the Luxembourg Stock Exchange.

The notes were bought by institutional investors mainly in Germany, France and United Kingdom.

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