BIT:ENELElectric Utilities
What Enel (BIT:ENEL)’s €2 Billion Perpetual Hybrid Notes Issuance Means For Shareholders
Enel SpA recently completed two Fixed to Floating Rate Subordinated Perpetual Hybrid Note issuances, raising a combined €2.00 billion through callable, variable-rate, subordinated instruments priced just below par.
This move adds hybrid capital that can support Enel's balance sheet flexibility while offering long-dated funding aligned with its integrated electricity and renewable energy operations.
We will now examine how Enel’s €2.00 billion perpetual hybrid funding could influence its...