* More than 104,000 investors submitted applications for just under 1 billion in fixed-rate bonds and about 700 million in floating-rate bonds, compared with a total issue of 1 billion.
* By next Monday, Enel will announce the size of the two tranches, the gross yield on both, the issue price for the fixed-rate bond, the issue date and the payment date.
Rome, 8 March 2005 Yesterday the public offering of 1 billion in Enel bonds for Italian retail investors was closed early. Banca Caboto and Banca IMI acted as lead underwriters.
Total subscription applications came to nearly 1.7 billion, of which just under 1 billion for the fixed-rate bonds and about 700 million for the floating-rate bonds.
The total number of applications came to more than 104,000.
By next Monday, Enel will announce the size of the two tranches, the gross yield on both, the issue price for the fixed-rate bond, the issue date and the payment date.
After the success of the Terna IPO and the placement of the third tranche of Enel shares, remarked Enel Chairman Piero Gnudi, in a few short days Italian investors demand for Enel bonds far exceeded the size of the issue: yet another evidence of the publics confidence in the soundness and reliability of Enel.
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 Spafid Connect S.p.A. with registered office in Milan, at Foro Buonaparte, 10. The aforementioned services are authorized by Consob (resolution No.19878 of February 15th, 2017, related to the mechanism for the dissemination to the public of regulated information “eMarket SDIR” and resolution No. 19879 of February 15th, 2017, related to the mechanism for the central storage of regulated information “eMarket Storage”).
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.