Rome, July 26, 2007 The Board of Directors of Enel met today under the chairmanship of Piero Gnudi and resolved on one or more bond issues, to be placed with institutional investors or in the retail market, targeted (in whole or in part) to the listing on one or more Stock Exchanges, by June 30, 2008 for an overall amount of 10 billion euros.
The bond issues are part of the programme for the refinancing the Enels debt and, in particular, the credit line of 35 billion euros executed in the last month of April 2007 with a group of major banks in order to satisfy the financial commitments relating to the joint tender offer on Endesas shares.
The bond issues may be executed, in whole or in part, directly by Enel S.p.A. or by the Luxembourg-based company Enel Finance International S.A., entirely controlled and guaranteed by Enel S.p.A.
The Board has given the Chief Executive a mandate to determine the allocation of the bond issues between the two mentioned companies, to define the amount, timing and characteristics of each issue, as well as the authorization to seek their listing on one or more stock exchanges.
Enel will inform financial markets in a timely manner regarding the concrete execution of the bond issues, as soon as they are carried out by the Chief Executive Officer according to his mandate.
This announcement does not constitute an offer of securities for sale in the United States. The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended (the Securities Act), or the laws of any State, and may not be offered or sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the Securities Act and applicable State laws.
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.