Brief: Italian Wine Brands Approves Issue Of Senior, Non-Convertible Bond Of Up To EUR 130 Mln

Italian Wine Brands SpA

14/04/2021 12:32

April 14 (Reuters) - Italian Wine Brands SpA  ITWB.MI :
    * BOARD RESOLVES TO ISSUE SENIOR, UNSUBORDINATED, NON
CONVERTIBLE,
UNSECURED BOND OF UP TO EUR 130 MILLION
    * BOND HAS 6-YEAR MATURITY, WITH FIXED GROSS INTEREST RATE
OF NOT
LESS THAN 2.00% ON ANNUAL BASIS 
    * IT IS EXPECTED THAT OFFER OF BOND CAN BE CONCLUDED BY MAY
30,
2021
    * ISSUE AIMS, AMONG OTHER,  TO PROVIDE COMPANY WITH
NECESSARY
RESOURCES TO SUPPORT GROWTH STRATEGY THROUGH EXTERNAL LINES

Source text for Eikon:  ID:nBIAJpBKk 
Further company coverage:  ITWB.MI 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))