Enel Finance International repurchases bonds for an aggregate nominal value of 6,000,000,000 US dollars

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.

 

EFI US bond repurchase

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