trending Market Intelligence /marketintelligence/en/news-insights/trending/KyNRBKm2PedVtDe-9v7RNA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Eni board approves potential €3B bond issuance

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Eni board approves potential €3B bond issuance

Eni SpA announced Jan. 17 its board of director had approved the potential issuance of one or more bonds of up to €3 billion, or its equivalent in other currencies.

The Italian oil major said the bonds will be issued in one or more tranches by Dec. 31, 2020, and will be placed with institutional investors. The bonds could be listed in one or more markets.

Eni said the bonds will be used to fund the unspecified "future financial needs" of the company as well as to "maintain a well-balanced financial structure."