Eni launched on Tuesday a fixed-rate bond issue with a nominal value of 750 million euros placed on the Eurobond market as part of its Euro Medium Term Note programme.
The group announced it, specifying that the bond loan has a duration of 10 years (maturity January 2027), pays an annual coupon of 1,500% and has a re-offer price of 99,229%.
The proceeds from the issue, the note adds, will be used for Eni's ordinary needs. The bonds will be traded on the Luxembourg Stock Exchange and have been purchased by institutional investors mainly in Germany, France and the United Kingdom.
