Eni's Strategic Move in Debt Optimization

Eni SpA has triumphantly concluded its tender offer, aiming to repurchase a €1.5 billion hybrid bond, initially set to mature in October 2025. This significant financial maneuver, executed from January 14 to January 21, witnessed an impressive acceptance rate of 83%. As a result, €1.215 billion of the bond has been successfully repurchased, leaving €248.6 million still outstanding.

Aligning Financial Strategies for Future Growth

This strategic repurchase is a testament to Eni's commitment to optimizing its debt structure, ensuring a more robust financial footing as it moves forward. The transaction is scheduled for settlement on January 24, marking a pivotal moment in Eni's financial strategy and its journey towards sustainable growth and stability.