Latham & Watkins Advises Eni S.p.A on its $2 billion US Bond Issuance
Innovative transaction applies the Acupay System structure to accommodate tranches of securities in US dollars issued outside the US.
Eni has successfully returned to the US market and priced a dual tranche fixed rate bond issue with maturities of 5 and 10 years for a total principal amount of USD 2 billion. The transaction applies the innovative Acupay System structure to accommodate tranches of securities from Italian issuers in US dollars offered and sold both inside and outside the US.