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Leonardo S.p.A. — Capital/Financing Update 2022
Jul 8, 2022
4038_rns_2022-07-08_a73af13c-f6c8-40dc-9687-9458fee90cb5.pdf
Capital/Financing Update
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| Informazione Regolamentata n. 0131-49-2022 |
Data/Ora Ricezione 08 Luglio 2022 17:48:05 |
Euronext Milan | ||
|---|---|---|---|---|
| Societa' | : | LEONARDO | ||
| Identificativo Informazione Regolamentata |
: | 164649 | ||
| Nome utilizzatore | : | LEONARDON04 - Micelisopo | ||
| Tipologia | : | 2.2 | ||
| Data/Ora Ricezione | : | 08 Luglio 2022 17:48:05 | ||
| Data/Ora Inizio Diffusione presunta |
: | 08 Luglio 2022 17:48:06 | ||
| Oggetto | : | Leonardo launches Commercial Paper Program |
||
| Testo del comunicato |
Vedi allegato.
PRESS RELEASE
Leonardo launches Commercial Paper Program
- The Program will allow issuances for a maximum amount of 1 billion euros
- The Program will enable Leonardo to benefit from an additional short-term funding instrument for the financing of working capital
Rome, 08/07/2022 – Leonardo's Board of Directors approved a framework Programme for the issuance of Commercial Papers on the European market (Multi-Currency Commercial Paper Program).
Alessandro Profumo, CEO of Leonardo, stated: "This Program will allow Leonardo to further improve and diversify its short-term funding instruments available to the Group for the financing of working capital and represents a further step forward in the Group's disciplined financial strategy".
The securities that can be issued under this Program are for a maximum amount of 1 billion euros and will be intended for qualified investors. The three-year program will be governed by Italian law no. 43 of 13/01/1994 " Disciplina delle Cambiali Finanziarie ".
The financial instruments, issued in one or more solutions during the validity of the Program, will be listed on the ExtraMOT PRO professional segment operated by Borsa Italiana and it will be assigned a rating by at least one of the agencies that already assesses Leonardo's debt.
The Arranger of the Program will be Crédit Agricole Corporate & Investment Bank; the Dealers are being defined and will be subsequently communicated.
Press Office Ph +39 0632473313 [email protected]
Investor Relations Ph +39 0632473512 [email protected]
leonardo.com
Leonardo, a global high-technology company, is among the top world players in Aerospace, Defense and Security and Italy's main industrial company. Organized into f ive business divisions, Leonardo has a significant industrial presence in Italy, the United Kingdom, Poland and the USA, where it also operates through subsidiaries that include Leonardo DRS (defense electronics), and joint ventures and partnerships: ATR, MBDA, Telespazio, Thales Alenia Space and Avio. Leonardo competes in the most important international markets by leveraging its areas of technological and product leadership (Helicopters, Aircraft, Aerostructures, Electronics, Cyber & Security Solutions and Space). Listed on the Milan Stock Exchange (LDO), in 2021 Leonardo recorded consolidated revenues of €14.1 billion and inv ested €1.8 billion in Research and Development. The company has been part of the Dow Jones Sustainability Indices (DJSI) since 2010 and has been conf irmed among the global sustainability leaders in 2021. Leonardo is also included in the MIB ESG index.