trending Market Intelligence /marketintelligence/en/news-insights/trending/dYLZerGOzdZzWvjFRTHzSA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Enel exercises option to redeem €1B hybrid bonds maturing 2075

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper

Energy Evolution Podcast

US energy officials push innovation to meet evolving energy needs

Energy Evolution Podcast

Energy futurist sees major challenges for renewables in next 30 years

Enel exercises option to redeem €1B hybrid bonds maturing 2075

Enel SpA exercised the option to redeem €1 billion of its non-convertible, subordinated hybrid bonds maturing Jan. 15, 2075.

The bonds, with 5% coupon rate, were issued and listed on the Irish Stock Exchange on Jan. 15, 2014.

Enel will pay back approximately €410 million to the noteholders, along with accrued interest, on the first call date of Jan. 15, 2020. The figure represents the outstanding amount resulting from the company's liability management transactions in the period between 2018 and 2019.

The group added Dec. 5 that the transaction is part of its strategy to optimize its liability structure by cutting the cost of debt.

In October, Enel subsidiary Enel Finance International NV launched a €2.5 billion multitranche sustainable bond offering on the European market, following a successful placement in the U.S.