Brief: Bialetti's BoD Approves Issue Of EUR 17 Mln Bonds
23/11/2018 07:49
Nov 23 (Reuters) - Bialetti Industrie SpA BIA.MI :
* SAID ON THURSDAY THAT ITS BOARD OF DIRECTORS (BOD)
APPROVED
ISSUE OF EUR 17 MILLION NON-CONVERTIBLE BOND DUE 2023
* ON NOV 15 CO INFORMED THAT RECEIVED COURT AUTHORIZATION TO
OBTAIN PRE-DEDUCTIBLE LOAN THROUGH ISSUE OF BOND FOR EUR 17
MILLION urn:newsml:reuters.com:*:nFWN1XQ09H
* CO'S BOD APPROVED ALSO FRAMEWORK AGREEMENT BETWEEN CO AND
SCULPTOR INVESTMENTS IV S.A R.L, AFFILIATED TO OCH-ZIFF CAPITAL
INVESTMENT LLC (OZ) UNDER THE TERM SHEET urn:newsml:reuters.com:*:nFWN1WR0RS
* FRAMEWORK AGREEMENT CONCERNS ISSUE AND SUBSCRIPTION BY
SCULPTOR,
OR BY A DIFFERENT ENTITY CONNECTED TO OZ, OF SEPARATE
NON-CONVERTIBLE BONDS FOR A TOTAL OF EURO 35 MILLION AND
PARTICIPATION IN CO'S CAPITAL INCREASE FOR A TOTAL MAXIMUM OF
EUR 5 MILLION, AIMED AT ACHIEVING A 25 PCT STAKE IN BIALETTI'S
SHARE CAPITAL
Source text for Eikon: urn:newsml:reuters.com:*:nBIAgJCWy
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