UPDATE: ENI To Price EUR1B 10-Year Bond At Swaps +1.08

22nd Jun 2010 12:46

(Adds size, final pricing details.) By Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Italian oil and gas company ENI SpA will price its planned EUR1 billion, 10-year bond at 108 basis points over mid-swaps, one of the banks running the sale said Tuesday. Pricing will be at the tighter end of initial guidance, set earlier Tuesday at 110 basis points over midswaps, plus or minus two basis points. Banca IMI, Barclays PLC, BNP Paribas SA, ING Bank NV and UniCredit SpA are joint bookrunners. Pricing is expected later Tuesday. The issuer is rated Aa2 by Moody's Investors Service Inc. and A+ by Standard & Poor's Corp. -By Mark Brown, Dow Jones Newswires; + 44 (0)207 842 9485, [email protected] (END) Dow Jones Newswires June 22, 2010 07:46 ET (11:46 GMT)