Choose disclaimer

By clicking the link below you will certify to Saipem S.p.A. and Saipem Finance International B.V that:

  • you are not a resident of, or located in the U.S.;
  • you are not a “U.S. person” as defined in Rule 902 of Regulation S under the United States Securities Act of 1933, including, without limitation (a) a natural person resident in the United States; (b) a partnership or corporation organized or incorporated under the laws of the United States; (c) a trust of which any trustee is a U.S. person; or (d) an agency or branch of a foreign entity located in the United States; and
  • you are not located in, nor a citizen or resident of, any jurisdiction in which access to the materials presented on the following pages may be prohibited or restricted by applicable law or regulation;
  • you do not act and will not act on behalf of or for the account of benefit of any U.S. person;
  • you have read and understood the restrictions mentioned above and you further acknowledge that the information and materials presented in the following pages neither constitute an offer nor an invitation nor a recommendation to subscribe to or to purchase, to hold or sell securities; and
  • you agree not to transfer any information or documentation contained on this website to the United States and any other jurisdiction in which such offer or solicitation would require the approval of local authorities or would otherwise be unlawful.
     

In order to comply with applicable legal restrictions, access to these materials is limited to those persons who make the certification described above by clicking on the appropriate button.

Back

Saipem: new issuance of senior, unsecured fixed rate notes

San Donato Milanese (Milan), March 23, 2021 – Today Saipem successfully issued a new fixed rate bond with maturity March 31, 2028 for a total amount of €500 million.

The notes, issued by Saipem Finance International B.V. under the EMTN Programme (Euro Medium Term Note Programme), pay a fixed annual coupon of 3.125% with a re-offer price of 100%.

The notes were purchased by institutional investors mainly located in Italy, France, United Kingdom and Germany and will be listed on the Euro MTF of the Luxembourg Stock Exchange.

Saipem expresses satisfaction for the success of the bond issue in a market environment characterized by increased volatility and strong supply.

The new bond issue further strengthens the capital structure of the Group and extends the average debt maturity.

The proceeds of the notes will be used for general corporate purposes.

Saipem is a leading company in engineering, drilling and construction of major projects in the energy and infrastructure sectors. It is “One-Company” organized in five business divisions (Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling and XSIGHT, dedicated to conceptual design). Saipem is a global solution provider with distinctive skills and competences and high-tech assets, which it uses to identify solutions aimed at satisfying customer requirements. Listed on the Milan Stock Exchange, it is present in over 60 countries worldwide and has 32 thousand employees of 130 different nationalities.

 

 

Website: www.saipem.com
Switchboard: +39 0244231

Media relations
E-mail: media.relations@saipem.com

Investor Relations
E-mail:
investor.relations@saipem.com 

Contact point for retail investors 
E-mail:
segreteria.societaria@saipem.com