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Enel to Issue Up to EUR2 Billion of Hybrid Bonds

MT Newswires·12/18/2025 23:21:10
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11:21 PM EST, 12/18/2025 (MT Newswires) -- Italian energy company Enel (ENEL.MI) secured board approval for the issue of up to 2 billion euros of one or more non-convertible subordinated, hybrid bonds. The bonds will be issued by Dec. 31, 2026, targeting institutional investors both within and outside Europe, according to a Thursday release. Enel will use the proceeds to refinance its outstanding hybrid bonds and improve its financial structure.