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

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

Nigel Owen
May 15, 2018 03:00 pm
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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%.

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HybridItalyNews contentEuropeEuroEMEACorporate Bonds
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Nigel Owen
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