Brief: Fc Porto To Issue Up To 8 Mln Bonds For Up To 40 Mln Euros Through Two Offers

Futebol Clube do Porto Futebol SAD

23/03/2022 06:38

March 23 (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 PAR VALUE OF 5 EUROS,
SUBJECT TO REGULATOR'S APPROVAL 
    * FIRST PUBLIC OFFER FOR SUBSCRIPTION IN CASH FOR UP TO 5
MILLION
BONDS WITH UNIT NOMINAL VALUE OF 5 EUROS AND AN AGGREGATE
NOMINAL VALUE OF UP TO 25 MILLION EUROS
    * SECOND PUBLIC OFFER BY DELIVERING BONDS FOR UP TO 5
MILLION
BONDS WITH NOMINAL VALUE OF 5 EUROS FOR UP TO 25 MLN EUROS
ISSUED BY FC PORTO SAD ON MAY 26, 2021 WITH REPAYMENT OF CAPITAL
ON NOV. 26, 2023 WITH GROSS FIXED INTEREST RATE OF 4.75% PER
YEAR
    * FOR BOND DELIVERY PURPOSES, EACH FC PORTO SAD 2021-2023
BOND
WILL CORRESPOND, AS CONSIDERATION, SUBJECT TO TAXES, COMMISSIONS
AND OTHER CHARGES, TO 1 FC PORTO SAD 2022-2025 BOND AND A CASH
PREMIUM IN THE AMOUNT OF 0.05 EUROS
    * OFFERS WILL TAKE PLACE BETWEEN MARCH 28, 2022 TO APRIL 8,
2022,
INCLUSIVE

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

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