Brief: FNM Says Signing Of The Sale And Purchase Agreement For The Acquisition Of An 80% Stake In Viridis Energia

FNM SpA

19/02/2024 23:10

Feb 19 (Reuters) - FNM SpA  FNMI.MI :
    * 
    * PRICE AGREED FOR ACQUISITION OF PARTICIPATION IN VIRIDIS
ROSE TO
EUR 80.0 MILLION, FROM EUR 59.2 MILLION PREVIOUSLY COMMUNICATED
    * FNM - ACQUISITION WILL BE FINANCED BY A SHORT-TERM CREDIT
LINE,
FOR A MAXIMUM AMOUNT OF EUR 85 MILLION, ENTIRELY EXECUTED TODAY
BY INTESA SANPAOLO S.P.A
    * FINANCING IS UNSECURED, MUST BE REPAID IN A SINGLE
INSTALMENT NO
LATER THAN AUGUST 2025

Source text for Eikon:  ID:nBIA21JZQl 
Further company coverage:  FNMI.MI 

 ((Reuters.Briefs@thomsonreuters.com;))