Brief: Fonciere Euris Contracted Total Of EUR 77.2 Mln Structured Financing Arrangements

Finatis SA

12/07/2019 17:36

July 12 (Reuters) - Fonciere Euris Sa  LOEX.PA :
    * FONCIÈRE EURIS HAS CONTRACTED TOTAL OF 77.2 MILLION EUROS STRUCTURED FINANCING
ARRANGEMENTS (NET
OF CASH COLLATERAL) WITH CERTAIN FINANCIAL INSTITUTIONS
    * STRUCTURED FINANCING ARRANGEMENTS IN FORM OF PREPAID FORWARDS AND EQUITY SWAPS AS WELL AS
OPTIONS SALES
    * FONCIÈRE EURIS' DIRECT STAKE IN RALLYE WOULD AMOUNT TO 58.1% OF SHARE CAPITAL AND 71.1% OF
VOTING RIGHTS OF RALLYE
    * AS OF DATE HEREOF, NONE OF FINANCIAL INSTITUTIONS HAVE EXERCISED ANY OF THESE PLEDGES AND
THERE
IS NO ONGOING LEGAL PROCEEDING
    * STRUCTURED FINANCING ARRANGEMENTS SECURED BY PLEDGES OVER 11.3 MILLION RALLYE SHARES, I.E.
21.6%
OF SHARE CAPITAL

Source text for Eikon:  ID:nGNE4CW2c1 
Further company coverage:  LOEX.PA 

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