Eni Board of Directors approves bond issue

Eni Board of Directors approves bond issue

Eni’s Board of Directors this afternoon approved the possible issue of one or more bonds, to be placed with institutional investors, with a value of up to a maximum amount of 3 billion euro, or its equivalent in other currencies, to be issued in one or more tranches by 30 May 2014.
The bonds will enable Eni to maintain a well-balanced financial structure, in terms of short term and medium/long-term debt and average duration of the debt. The bonds may be listed on regulated markets.
Oil and Gas Press

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