Small font size A Larger text size A Largest text size A

Eni Says Orders for Perpetual Hybrid Subordinated Bond Top $7 Billion

BY MT Newswires | CORPORATE | 01/12/26 12:25 PM EST

12:25 PM EST, 01/12/2026 (MT Newswires) -- Eni (E) said orders for its perpetual hybrid subordinated bond topped 6 billion euros ($7 billion) from institutional investors mainly in the UK, Germany, France and Italy.

The 1-billion-euro bond will be issued with a re-offer price of 99.342% and an annual coupon of 4.125% until the first reset date on April 19, 2032, the company said Monday in a statement.

The bond will trade on the Luxembourg Stock Exchange and Borsa Italiana, with the settlement date expected on Jan. 19.

Price: 37.59, Change: +0.27, Percent Change: +0.72

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

Australia's central bank raises rates for first time in two years BY Reuters |ECONOMIC 11:00 PM EST
GLOBAL MARKETS-Asian stocks up; Aussie rallies after rate hike BY Reuters |ECONOMIC 10:55 PM EST
FOREX-Dollar holds gains on economic data, Fed bets; Aussie jumps on RBA hike BY Reuters |ECONOMIC 10:43 PM EST
Australia's central bank raises cash rate 25bps to 3.85% BY Reuters |ECONOMIC 10:37 PM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article