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Sunday, September 25, 2016

Eni: New Fixed Rate Bond Offering

November 14, 2013

Eni has mandated Barclays (BCS), Goldman Sachs International, Mediobanca, Morgan Stanley (MS), Société Générale and UniCredit Bank as Joint Bookrunners for its upcoming fixed rate Euro benchmark size 8 year bond offering and for the tap of its 12 year bond issued last September, both issued under its existing Euro Medium Term Notes Program.

The bonds are to be issued within the framework of the Euro Medium Term Note Program and in accordance with the resolution adopted by Eni’s Board of Directors on May 30, 2013. The issuance is aimed at maintaining a well-balanced financial structure, in terms of Eni's short and medium-long term debt and average duration of the debt.

The transaction will be launched subject to market conditions and the offering is restricted to institutional investors only. The bond will be listed on the Luxembourg Stock Exchange.

Eni is rated A3 (outlook negative) by Moody’s and A (credit watch negative) by Standard & Poor’s.



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