(Alliance News) - Enel Spa on Wednesday announced the results of the voluntary offer launched on Jan. 9 and concluded on the 16th -- aimed at repurchasing for cash, and subsequently cancelling, all or part of its outstanding EUR750 million equity-accounted perpetual hybrid bond with first call date in August 2023 and coupon of 2.50 percent.

The amount accepted was nearly EUR700 million, with a purchase price of 100 percent. The accrued interest per EUR1,000 nominal amount of the bond is EUR3.90.

The nominal amount of the bond outstanding after the settlement date is about EUR50 million.

Enel ended Tuesday's session in the red by 0.8 percent at EUR5.76 per share.

By Maurizio Carta, Alliance News reporter

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