Eni launches 1 bln euro Galp Energia loan repurchase offer
(AGI) Rome, May 28 - Italian oil and gas giant Eni launched atender offer on Thursday for its 1.028 billion euros ofexchangeable bonds in Galp Energia shares, with an annualcoupon of 0.25 percent due in November 2015. Eni invited theNoteholders of its outstanding 1,028,100,000 euros of bondswith a 0.25 per cent annual coupon due in 2015, exchangeableinto fully paid ordinary shares with a nominal value of 1 euroeach of Galp Energia SGPS, S.A., to tender their Notes forpurchase by Eni for cash. The purchase price will be setpursuant to a tender