ENI Successfully Launched Fixed Rate Bond

Source Press Release
Company ENI S.p.A. 
Tags Strategy - Corporate
Date January 27, 2012

Today, Eni successfully launched a fixed rate bond issue for a notional amount of Euro 1 billion. The transaction was placed in the international Eurobond market. The bond has an 8 year maturity and pays a fixed annual coupon of 4.250%. The re-offer price is 99.502%.

The bond will be listed on the Luxembourg Stock Exchange. The transaction has been extremely successful both in Italy and abroad, in a market still characterized by high volatility.

Interest by a significant number of high quality institutional investors was mainly due to Eni's credit profile and its excellent reputation.

The notes were bought by institutional investors mainly in France, UK, Germany / Austria, Benelux and Italy.

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