Reuters logo
2 months ago
BRIEF-De Longhi board approves issue of long-term notes replacing and extending "USPP" notes
June 9, 2017 / 12:03 PM / 2 months ago

BRIEF-De Longhi board approves issue of long-term notes replacing and extending "USPP" notes

1 Min Read

June 9 (Reuters) - DE LONGHI SPA:

* THE BOARD OF DIRECTORS APPROVES THE ISSUE OF LONG-TERM NOTES AIMED AT REPLACING AND EXTENDING THE CURRENTLY OUTSTANDING NOTES (“USPP”)

* THE NEW ISSUE FOR A NOMINAL AMOUNT EXPECTED IN EURO 150 MILLION IS TO BE PLACED TO A LIMITED NUMBER OF US INVESTORS

* THE NOTES ARE PART OF AN ISSUANCE PROGRAM FOR A MAXIMUM AMOUNT OF EURO 300 MILLION, FOR POSSIBLE FUTURE NEEDS

* THE COMPLETION OF THE ISSUE IS SUBJECT TO MARKET CONDITIONS AND IS EXPECTED WITHIN THE END OF THE MONTH OF JUNE, 2017 Source text: www.1info.it Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below