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Pirelli & C — Capital/Financing Update 2018
Jul 26, 2018
4052_rns_2018-07-26_8d9ba9df-d255-41f4-9334-ccd003b239ff.pdf
Capital/Financing Update
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| Informazione Regolamentata n. 0206-40-2018 |
Data/Ora Ricezione 26 Luglio 2018 12:40:20 |
MTA | |
|---|---|---|---|
| Societa' | : | PIRELLI & C. | |
| Identificativo Informazione Regolamentata |
: | 106746 | |
| Nome utilizzatore | : | PIRELLISPAN03 - Bastanzio | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 26 Luglio 2018 12:40:20 | |
| Data/Ora Inizio Diffusione presunta |
: | 26 Luglio 2018 12:40:21 | |
| Oggetto | : | SCHULDSCHEIN FINANCING | PIRELLI CLOSES 525 MILLION EURO |
| Testo del comunicato |
Vedi allegato.
PRESS RELEASE
PIRELLI CLOSES 525 MILLION EURO SCHULDSCHEIN FINANCING
Milan, 26 July 2018 – As already announced to the market on June 22, 2018, Pirelli & C. today closed a "Schuldschein" financing – guaranteed by Pirelli Tyre – for a total of 525 million euro. The financing, granted by primary market participants, consists of one 82 million euro tranche with a 3-year maturity, one of 423 million euro with a 5-year maturity and one of 20 million euro with a 7-year maturity.
The transaction will facilitate reimbursement of existing debt, further optimizing its structure and costs.
*** Pirelli Press Office – Tel. +39 02 64424270 – [email protected] Investor Relations Pirelli – Tel. +39 02 64422949 – [email protected] www.pirelli.com