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Eni Successfully Issues $1 Billion Bond in U.S. Market

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Eni Successfully Issues $1 Billion Bond in U.S. Market

Confident Investing Starts Here:

The latest announcement is out from ENI S.p.A. ( (IT:ENI) ).

Eni has successfully issued a 10-year fixed-rate bond in the U.S. market, raising $1 billion with significant interest from over 200 professional investors. The bond issuance, which will help finance Eni’s ordinary financial needs, underscores the company’s strong market positioning and investor confidence.

The most recent analyst rating on (IT:ENI) stock is a Buy with a EUR18.00 price target. To see the full list of analyst forecasts on ENI S.p.A. stock, see the IT:ENI Stock Forecast page.

More about ENI S.p.A.

Eni S.p.A. is a prominent player in the energy sector, primarily engaged in the exploration, production, and distribution of oil and gas. The company is known for its global operations and commitment to sustainable energy solutions.

YTD Price Performance: 1.07%

Average Trading Volume: 15,405,200

Technical Sentiment Signal: Hold

Current Market Cap: €39.57B

Learn more about ENI stock on TipRanks’ Stock Analysis page.

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