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Enel retail bond issue at start 2010 -CEO

Wed Nov 4, 2009 9:41pm IST
 
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MILAN, Nov 4 (Reuters) - Italian utility Enel (ENEI.MI: Quote, Profile, Research) will issue its retail bond of up to 4 billion euros at the start of next year, Chief Executive Fulvio Conti said on Wednesday.

Enel said on Wednesday its board has approved the issuance before year-end 2010 of one or more bonds for up to 4 billion euros, aimed mainly at retail investors.

"It will arrive at the start of 2010," Conti said on the sidelines of a parliamentary hearing.

(Reporting by Alberto Sisto)

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