(Finance) – Newlat It is known to have closed, in advance of the scheduled times, the placement of Bond Senior Usecured at 2031 for 300 million euros thanks to “a significant demand for the market”. The Company had communicated to the market the decision to proceed with the issue with releases released on 20 and 23 January 2025 with the possibility of increasing additional maximum 100 million.
“Considering that the purchase offers have already been placed for the entire amount of the offer, the company also communicates theExercise of the option to increase a further amount up to maximum Euro 50 millionin accordance with Equita SIM as Placement Agent and operator in charge of displaying the sales proposals for the MOT bonds “.
The offer of the additional amount of 50 million will begin tomorrow 5 February at 09:00 and will end on 10 February at 17:30 “Except for modification, extension or early closure arranged by the company and the placement agent”.
The date of issue of the obligations – coinciding with the date of payment and with the date of enjoyment of the obligations themselves – is established for February 12, 2025 and the relative expiry date is established for February 12, 2031.
(Photo: Newlat)