Italian oil and gas company Eni SpA (E) said Thursday it will sell a EUR1 billion bond aimed at retail investors, to raise funds that will be used for "general operational management" of the group and to refinance short-term debt.

The six-year bond will be sold in lots of EUR2000 and will be available in both fixed-rate and floating-rate versions.

The offer will take place from June 15 to July 3.

Banca IMI and Bayerische Hypo- und Vereinsbank are the global coordinators.

-By Jennifer Clark, Dow Jones Newswires; 39 02 58 21 99 04; jennifer.clark@dowjones.com
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