By Giulia Petroni
Enel SpA said late on Tuesday that Enel Finance International NV has placed a triple-tranche sustainability-linked bond for a total of 3.5 billion euros ($4.1 billion) in the Eurobond market.
The Rome-based energy company said the Dutch-registered financial company has also launched a non-binding voluntary tender offer for the partial repurchase of three series of outstanding conventional bonds in U.S. dollars. The overall maximum target is of $1.5 billion.
The goal is "the achievement the group's targets of sustainable finance sources on the total gross debt," Enel said.
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(END) Dow Jones Newswires