Enel places 900 million hybrid bond, orders 3 times. Enel has placed a new 900 million euro perpetual hybrid bond with a 4.750% coupon on the European market.
The energy group made this known, specifying that the bond is intended for institutional investors. The operation reflects the financial strategy of the Enel Group, aimed at adopting the cost of capital to serve the industrial investments of the 2024-2026 Strategic Plan, Enel said. The bond has received oversubscription requests more than three times, totaling orders for an amount equal to more than 3 billion euros.