(Finance) – Inwita company listed on Euronext Milan and activates in the infrastructure sector for electronic telecommunications, has successfully concluded one new bond issue for a total amount equal to 750 million euros In the face of a request by investors over 3 times higher than the offer. The fixed rate bonds with a 5.75% coupon and a duration of 5 years, are issued within the Euro Medium Term Notes program of Inwit and intended for institutional investors.
The emission attracted More than 200 institutional investors of primary standing both national and international, with a total demand greater than 2.3 billion euros.
“The success of the issue of the new Bond confirms the appreciation of investors towards our credit merit and constitutes a further recognition of the solidity of our business model. The operation supports the development of the activities of the recently approved business plan”, he said Emilia Trudu, Director of Administration, Finance and Control by Inwit.
The new bonds will be listed at the regulated market of the Luxembourg bag and of Italian stock exchange.
BNP Paribas, Mediobanca, Goldman Sachs And Unicredit they acted as Active Bookrunners And BBVA, Bank of America, Credit agricultural And Intesa Sanpaolo they acted as others Bookrunners.