The repurchase is part of the Enel Group’s strategy to further accelerate the achievement of its targets of sustainable finance sources on the Group’s total gross debt and to optimize the structure of the Group’s liabilities through active management of maturities and cost of debt
Rome, July 20th, 2021 – Enel Finance International N.V. (“EFI”), the Dutch-registered finance company controlled by Enel S.p.A. (“Enel”)[1], will repurchase in cash four of its conventional bonds, as identified below, guaranteed by Enel, for an aggregate nominal value of 6,000,000,000 US dollars, following the exercise of a redemption option provided for in the offering documents of the relevant bonds.
The repurchase is being carried out as part of the Enel Group’s strategy to further accelerate the achievement of its targets of sustainable finance sources on the Group’s total gross debt, set at 48% in 2023 and more than 70% in 2030, and to optimize the structure of the Group’s liabilities through active management of maturities and cost of debt.
[1] Enel’s ratings: BBB+ (Stable) for Standard & Poor’s, Baa1 (Stable) for Moody’s and A- (Stable) for Fitch.
For the dissemination to the public and the storage of regulated information made available to the public, Enel S.p.A. has decided to use respectively the platforms “eMarket SDIR” and “eMarket Storage”, both available at the address www.emarketstorage.com and managed by Teleborsa S.r.l. - with registered office in Rome, at 4 Piazza Priscilla - as per CONSOB authorization and resolutions n. 22517 and 22518 of November 23, 2022.
From May 19th 2014 to June 30th 2015, Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by Consob with resolution No. 18852 of April 9th, 2014.