Eni successfully launched a fixed rate bond issue for a notional amount of Euro 1 billion.
The transaction was placed in the international Eurobond market. The bond has a 10 year maturity and pays a fixed annual coupon of 3.25%.
The re-offer price is 98.812%. The proceeds of the bond issue have a general purposes use.
The bond will be listed on the Luxembourg Stock Exchange.
The notes were bought by institutional investors mainly in France, Germany, United Kingdom and Italy.
[mappress] LNG World News Staff, July 3, 2013