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Eni SpA approves bond issue to be placed with retail investors in Italy

Monday, 17 Mar 2014 02:18pm EDT 

Eni SpA:Says Eni's Board of Directors has approved the issue of one or more bonds, to be issued in one or more tranches and to be placed with retail investors in Italy.Says the bonds are approved to be listed on one or more regulated markets, including on the Mercato Telematico Obbligazionario (MOT), by July 31, 2015, for an overall maximum amount of 1.5 billion euros.Says the issues of the bonds will enable Eni to maintain a broad investor base and a well-balanced financial structure in terms of its short term and medium/long-term debt. 

Company Quote

-0.34 -0.69%
10:46am EDT