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Sogefi — Capital/Financing Update 2019
Nov 21, 2019
4192_rns_2019-11-21_d1301b84-208b-4c4c-be96-ad564636bff2.pdf
Capital/Financing Update
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| Informazione Regolamentata n. 0246-48-2019 |
Data/Ora Ricezione 21 Novembre 2019 16:32:36 |
MTA - Star | |
|---|---|---|---|
| Societa' | : | SOGEFI | |
| Identificativo Informazione Regolamentata |
: | 125043 | |
| Nome utilizzatore | : | SOGEFIN02 - YANN ALBRAND/NICCOLO' MORESCHINI |
|
| Tipologia | : | 2.2 | |
| Data/Ora Ricezione | : | 21 Novembre 2019 16:32:36 | |
| Data/Ora Inizio Diffusione presunta |
: | 21 Novembre 2019 16:32:37 | |
| Oggetto | : | PLACEMENT OF EURO 75 MILLION INVESTORS |
SOGEFI (CIR GROUP): SUCCESSFUL BOND RESERVED FOR INSTITUTIONAL |
| Testo del comunicato |
Vedi allegato.
PRESS RELEASE
SOGEFI (CIR GROUP): SUCCESSFUL PLACEMENT OF € 75 MILLION BOND RESERVED FOR INSTITUTIONAL INVESTORS
Milan, November 21, 2019 – Sogefi S.p.A., the automotive components company of the CIR group, today has completed the procedure for the issue and placement, with Italian and European institutional investors, of a Euro 75 million non-convertible bond (the "Bond"), as approved by the company's Board of Directors on November 13th , 2019.
The Bond is unsecured and, with an annual fixed coupon of 3%, will mature in November 2025 allowing Sogefi to lengthen debt maturities while further diversifying its own funding sources.
Mediobanca and Unicredit were joint lead managers on this transaction.
Settlement of the bonds and their admission to trading on the regulated MTF market managed by the Vienna Stock Exchange took place today.
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This press release (including the information contained herein) does not constitute or form part of a public offering of financial products or an invitation for offers to purchase financial products and no offer for sale of such products will be made in any jurisdiction in which such offer or sale is unlawful. Distribution of this press release may be prohibited in certain jurisdictions. This press release does not constitute an offer for sale of financial products in the United States of America, Canada, Australia or Japan or any other jurisdiction where such offer or sale is prohibited and may not be directly or indirectly published or distributed in such jurisdictions. The financial products referred to in this press release have not been and will not be registered pursuant to the 1933 Securities Act of the United States of America, as subsequently amended; the said products may not be offered or sold in the United States of America without registration or an applicable exemption from registration requirements. This press release does not constitute a public offering of financial products in Italy within the meaning set forth by Article 1, paragraph 1.t of Legislative Decree no. 58 dated 24 February 1998. The documentation related to the offering has not been/will not be subjected to approval by the Italian National Commission for Companies and the Stock Exchange (CONSOB).
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Contacts: Sogefi Investor Relations CIR Group Press Office Yann Albrand Mariella Speciale Stefano Canu Tel.: +39 02 72270 1 e-mail: [email protected] www.cirgroup.com www.sogefigroup.com
Tel.: +39 02 467501 e-mail: [email protected]