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Enel Launches New Sustainability-Linked Bonds


Enel Launches New Sustainability-Linked Bonds

Italian energy group Enel SpA launched three new sustainability-linked bonds on Monday.

Enel is selling 750 million euros in a 3-year maturity bond; 750 million euros in a 6-year bond; and 500 million euros in an 11-year bond, according to LSEG.

Proceeds from the sale will go toward general corporate purposes.

"The company is one of the largest sustainability-linked bond issuers and has shown commitment towards this asset class," CreditSights analysts said in a note.

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