Enel refinances €1.25bn of hybrids inside CFO’s target

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings
Corporate Bonds
Hybrid

Enel refinances €1.25bn of hybrids inside CFO’s target

Nigel Owen
May 15, 2018 03:00 pm
Three darts in bullseye 230x150
Success hitting target aim goal achievement concept background - three darts in bull's eye close up | Dmitry Rukhlenko/f9photos - Fotolia

On Tuesday, Italian energy company Enel sold €1.25bn of new hybrid bonds to help fund the repurchase of its hybrids with 2019 and 2020 call dates. The buyback was announced after the firm’s chief financial officer announced that the company would refinance up to €3.5bn of hybrids at a cost of about 3.5%.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

HybridItalyNews contentEuropeEuroEMEACorporate Bonds
NO
Nigel Owen
Gift this article