The bond loans, in one or more tranches, must be issued by 31 December 2015 up to 2 billion euro.
Eni ready to launch one or more bonds. The Board of Directors of the Italian energy group, which met this morning, in fact approved the possibility of issuing one or more bonds, to be placed with institutional investors, for a total amount of up to 2 billion euros, to be issued in one or more tranches by 31 December 2015.
The primary objective of the issues is to maintain a balanced financial structure in relation to the short and medium/long-term debt ratio and the average life of the debt.
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