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ENEL Enel Spa

6.242
0.061 (0.99%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Enel Spa BIT:ENEL Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.061 0.99% 6.242 6.24 6.236 6.297 6.197 6.20 33,052,369 02:01:09

Enel in Talks for EUR16 Billion Credit Line to Cover Energy Cost Risks, Bloomberg Reports

18/10/2022 11:52am

Dow Jones News


Enel (BIT:ENEL)
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From May 2022 to May 2024

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--Enel SpA is in talks with banks on a 16 billion euros ($15.7 billion) state-backed credit line that would cover derivative risks associated with soaring energy prices, Bloomberg reports, citing unnamed sources.

--The banks contributing to the credit plan are waiting for the green light from the Italian Finance Ministry, which could arrive as soon as Tuesday, according to the news outlet.

--Talks are still preliminary and the deal structure hasn't been defined yet, Bloomberg reports.

 

Full story: https://bloom.bg/3eLVi9o

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

October 18, 2022 06:37 ET (10:37 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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