Brief: FC Porto To Issue Up To 30 Mln Euros In Bonds Through Two Offers

Futebol Clube do Porto Futebol SAD

13/03/2025 06:46

March 13 (Reuters) - Futebol Clube do Porto Futebol SAD FCPP.LS:

SAID ON WEDNESDAY TO ISSUE UP TO 6 MILLION BONDS FOR UP TO 30 MILLION EUROS THROUGH TWO OFFERS WITH A PAR VALUE OF 5 EUROS EACH WHICH MAY BE INCREASED BY PUBLISHING AN ADDENDUM TO PROSPECTUS UNTIL MARCH 25

FIRST PUBLIC OFFER FOR SUBSCRIPTION OF UP TO 6.0 MILLION BONDS, WITH A PAR VALUE OF 5 EUROS EACH AND AN INITIAL AGGREGATE AMOUNT OF UP TO 30 MILLION EUROS

SECOND PUBLIC OFFER BY EXCHANGING UP TO 6.0 MILLION BONDS, WITH NOMINAL UNIT VALUE OF 5 EUROS AND A OVERALL NOMINAL VALUE OF UP TO 30.0 MILLION EUROS ISSUED BY FC PORTO SAD ON APRIL 13, 2022, WITH REPAYMENT DATE OF APRIL 13, WITH GROSS FIXED INTEREST RATE OF 5.25% PER YEAR

FOR BOND EXCHANGING PURPOSES, EACH FC PORTO SAD 2022-2025 BOND WILL CORRESPOND, AS CONSIDERATION, SUBJECT TO TAXES, COMMISSIONS AND OTHER CHARGES, TO 1 FC PORTO SAD 2025-2028 BOND AND INTEREST ACCRUED FROM OCT 13, 2024 OF 0.123229167 EUROS FOR EACH FC PORTO SAD 2022-2025 BOND EXCHANGED

OFFERS WILL TAKE PLACE FROM MARCH 17 TO MARCH 28, INCLUSIVE

 Source text: https://tinyurl.com/53vpd6h7
 Further company coverage: FCPP.LS

 (Gdansk Newsroom)

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