Eni has successfully launched the fixed-rate bond issue in two tranches with a duration of 8 and 12 years for a total nominal value of 1,5 billion euro.
The announcement comes from the company of the six-legged dog which through a note informs that “both issues were placed on the Eurobond market as part of its existing Euro Medium Term Note programme. The 8-year bond loan has an amount of 900 million euro, pays an annual coupon of 0,625% and has a re-offer price of 99,233%; the 12-year bond loan has an amount of 600 million euro, pays an annual coupon of 1,125% and has a re-offer price of 98,824%. The proceeds from the emissions - it is explained - will be used for Eni's ordinary needs. “.
