Enel Launches Dual-Tranche EUR1.75 Billion Sustainability-Linked Bond
By Mauro Orru
Enel launched a dual-tranche sustainability-linked bond for institutional investors in the Eurobond market for 1.75 billion euros ($1.90 billion).
The Rome-based energy company said late Tuesday that the issue--conducted through Enel Finance International--was more than three times oversubscribed, collecting orders of roughly EUR5.8 billion.
Enel Finance International plans to use the proceeds to refinance the group's ordinary financing needs relating to debt maturities.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
January 17, 2024 02:09 ET (07:09 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What’s Happening in the Markets This Week
-
Worst-Performing Stock ETFs of the Quarter
-
Q3 in Review and Q4 2024 Market Outlook
-
Top-Performing Stock ETFs of the Quarter
-
September Jobs Report Forecasts Show Moderate Hiring Gains
-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
13 Charts on Q3′s Roller-Coaster Rally for Stocks and Bonds
-
5 Stocks to Buy Instead of Overpriced US Equities
-
Consumer Defensives: Despite Angst, Thirsty Investors Have Names to Pursue
-
Industrials: Many Stocks Overvalued After Q3 Outperformance
-
Basic Materials: Despite Index Rise, We See Multiple Long-Term Opportunities
-
What the Election Could Mean for Big Tech Stocks
-
3 Lessons From Recent Stock Market Drama
-
Consumer Cyclicals: Even Amid Moderating Consumer Spending, We See Discounts
-
Healthcare: Valuations Look Fair Overall, With Select Industries Still Undervalued
-
Utilities: Falling Interest Rates, Growth Outlook Boosting Stocks