AI Terminal
Generalfinance
Capital/Financing Update • Jul 3, 2024
4077_rns_2024-07-03_05aa93b7-d69c-4d29-9da1-c62a6c8b091a.pdf
Capital/Financing Update
Open in ViewerOpens in native device viewer
| Informazione Regolamentata n. 1693-33-2024 |
Data/Ora Inizio Diffusione 3 Luglio 2024 17:39:53 |
Euronext Star Milan | |
|---|---|---|---|
| Societa' | : | GENERALFINANCE S.p.A. | |
| Identificativo Informazione Regolamentata |
: | 193016 | |
| Utenza - Referente | GENERALFINANCEN01 - Saviolo | ||
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 3 Luglio 2024 17:39:53 | |
| Data/Ora Inizio Diffusione | : | 3 Luglio 2024 17:39:53 | |
| Oggetto | : | Renewal of the 100 milion Euro Commercial Paper Programme |
|
| Testo del comunicato |
Vedi allegato
Press release
Generalfinance and the renewal of the 100-million Euro Commercial Paper Programme
Milan, 3 July 2024- Generalfinance, a supervised financial intermediary specialised in factoring transactions, on 3 July 2024 renewed its Euro Commercial Paper Programme, under substantially the same terms and conditions of the existing programme established in 2021.
Commercial Papers will be issued up to a total amount of EUR 100 million. The programme (with a three-year duration) provides for the admission of the Commercial Papers in dematerialised form to Monte Titoli and trading on the ExtraMOT PRO, Professional Segment of the ExtraMOT Market, a multilateral trading system managed by Borsa Italiana S.p.A. The Programme was also prepared in accordance with the criteria and requirements set forth in the Market Convention on Short-Term European Paper (STEP) and received the relevant certification of compliance (STEP Label).
Massimo Gianolli, Chief Executive Officer of Generalfinance said "Commercial Papers offer, in our view, a very interesting opportunity to allow Generalfinance to raise funds directly on the short-term capital market. Being an effective funding instrument, they allow for the diversification of funding by instrument and type of counterparty."
Generalfinance was supported in the transaction by Intesa Sanpaolo - IMI Corporate & Investment Banking Division as arranger and dealer and by PwC TLS in the review of the documentation. Dentons assisted the arranger and the dealer and drafted the relevant documentation for the renewal of the programme.
CONTACTS
CDR Communication Angelo Brunello | [email protected] |+39 3292117752
Generalfinance S.p.A. Chief Financial Officer - Investor Relations Ugo Colombo |[email protected] |+ 39 3355761968