SAIPEM SEN.EQUITY-LKD B.23-29SAIPEM SEN.EQUITY-LKD B.23-29SAIPEM SEN.EQUITY-LKD B.23-29

SAIPEM SEN.EQUITY-LKD B.23-29

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XS2677538493 analysis



Key facts


Issue date
Sep 11, 2023
Maturity date
Sep 11, 2029
Outstanding amount
‪500.00 M‬EUR
Face value
100,000.00EUR
Minimum denomination
100,000.00EUR
Coupon
2.88% (Fixed)
Yield to maturity
2.88%
Saipem SpA engages in the provision of 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. It operates through the following business segments: Asset-Based Service, Offshore Drilling, and Energy Carriers. The Asset-Based Service aggregates businesses based on Saipem’s asset portfolio, which includes Drilling, Sea Trunk Lines, Transportation and Installation, Subsea Development and the management of vessels and yards serving the Group’s businesses. The Offshore Drilling segment includes a fleet of vessels for deep water, mid-water, high specifications jack-up, and standard jack-up operations. The Energy Carriers is composed of the Onshore Engineering and Construction, Sustainable Infrastructures, and Robotics and Industrialized Solutions activities. The company was founded in 1957 and is headquartered in Milan, Italy.
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