Eni: validates potential hybrid bond issue
(CercleFinance.com) - Eni announces that last night its Board of Directors approved the possibility of issuing one or more hybrid subordinated bonds, intended for institutional investors, for a maximum of E1.
5bn or the equivalent in other currencies, to be issued in one or more tranches by 30 June 2026.
These bonds, if issued, will enable Eni to maintain a well-balanced financial structure and will be used for general corporate management purposes.
The bonds are intended to be listed on one or more regulated markets or multilateral trading facilities.
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