Saipem SpA has raised funds
Saipem SpA has completed an offer of US$527 million senior unsecured guaranteed equity-linked bonds, due in 2029. The funds will be used for general corporate purposes.
Saipem is a listed Italian company that provides basic and detailed onshore engineering, procurement, project management and construction services mainly to the oil and gas, complex civil and marine infrastructure and environmental market sectors.
Oaklins Italy’s parent company Banca Akros acted as joint bookrunner in the offer of US$527 million senior unsecured guaranteed equity-linked bonds of Saipem SpA.
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