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Eni S.p.A. Launches Successful Euro Bond Issues
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Eni S.p.A. Launches Successful Euro Bond Issues

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ENI S.p.A. ( (IT:ENI) ) has issued an update.

Eni S.p.A. has successfully launched two perpetual hybrid subordinated bond issues worth 1.5 billion euros, primarily attracting investors from the UK, Germany, France, and Italy. This strategic move, alongside a concurrent public tender offer, indicates Eni’s efforts to optimize its financial structure and strengthen its position in the energy market, potentially impacting its stakeholders by enhancing financial flexibility.

More about ENI S.p.A.

Eni S.p.A. is a major player in the energy sector, primarily involved in the exploration, production, refining, and marketing of oil and gas. The company focuses on sustainable energy solutions and operates globally, with significant market presence in Europe.

YTD Price Performance: 6.17%

Average Trading Volume: 1,310,087

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €43.72B

Find detailed analytics on ENI stock on TipRanks’ Stock Analysis page.

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