(Finance) – Tamburi Investment Partners (TIP), an independent and diversified industrial group listed on Euronext STAR Milan, has closed the offering of the 2024-29 bond with subscriptions of 290.5 million euros at an issue price of 100% of the nominal value, represented by 290,500 bonds with a nominal value of 1,000 euros each.
The issue date, which corresponds to both the date on which investors will pay the issue price of the bonds and the date on which interest will begin to accrue, will be June 21, 2024. The starting date of the trading on the MOT marketexpected to coincide with 21 June 2024, will be set by the Italian Stock Exchange.
The interest rate, as already communicated, is equal to 4.625% per annum. Interest on the bonds will be paid in arrears on 21 June of each year starting from 21 June 2025.
Equita SIM acts in the capacity of Placement Agent and Joint Bookrunner and Banca Akros as Joint Bookrunner with reference to the offer.