Rarity beats oil price fears for Eni, which gets strong demand for €1bn 11 year

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Rarity beats oil price fears for Eni, which gets strong demand for €1bn 11 year

Eni 230x150
A view of the Italy's energy giant Eni Spa headquarters in San Donato, in the outskirts of Milan, Italy, Wednesday, April 4, 2007. The Eni-Neftegaz company, an affiliate of Italy's Eni Spa, won an auction Wednesday, for an array of assets of the bankrupt Russian oil giant OAO Yukos, including a 20 percent stake of the oil division of state-controlled gas monopoly OAO Gazprom. (AP Photo/Luca Bruno) | LUCA BRUNO/AP/Press Association Images

Italian oil and gas company Eni shrugged off any concerns around falling oil prices to issue a €1bn 11 year bond on Tuesday that was five times subscribed.

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