Brief: FC Porto To Issue Up To 40 Mln Euros In Bonds Through Two Offers

Futebol Clube do Porto Futebol SAD

17/05/2023 10:56

May 17 (Reuters) - Futebol Clube do Porto Futebol SAD
 FCPP.LS :
    * SAID ON TUESDAY TO ISSUE UP TO 8 MILLION BONDS FOR UP TO
40
MILLION EUROS THROUGH TWO OFFERS WITH A PAR VALUE OF 5 EUROS
EACH
    * FIRST PUBLIC OFFER FOR SUBSCRIPTION OF UP TO 8 MILLION
BONDS,
WITH A PAR VALUE OF 5 EUROS EACH AND AN INITIAL AGGREGATE AMOUNT
OF UP TO 40 MILLION EUROS
    * SECOND PUBLIC OFFER BY DELIVERING BONDS FOR UP 8 MILLION
BONDS,
WITH A NOMINAL UNIT VALUE OF 5 EUROS AND AN OVERALL VALUE OF UP
TO 39.8 MILLION EUROS ISSUED BY FC PORTO SAD ON MAY 26, 2021,
WITH REPAYMENT OF CAPITAL ON 26 NOVEMBER 2023, BEARING GROSS
FIXED INTEREST RATE OF 4.75% PER YEAR
    * FOR BOND DELIVERY PURPOSES, EACH FC PORTO SAD 2021-2023
BOND
WILL CONRRESPOND, AS CONSIDERATION, SUBJECT TO TAXES,
COMMISSIONS AND OTHER CHARGES, TO 1 FC PORTO SAD 2023-2026 BOND
AND A CASH PREMIUM IN THE VALUE OF 0.05 EUROS
    * OFFERS WILL TAKE PLACE FROM MAY 22 TO JUNE 2, INCLUSIVE

        
 Source text: https://bit.ly/3IhitnE
 Further company coverage:  FCPP.LS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))