Brief: Intek To Launch Exchange Offer On Savings Shares

KME SpA

10/05/2021 06:54

May 10 (Reuters) - Intek group SpA  IKG.MI :
    * SAID ON SATURDAY BOARD APPROVED EXCHANGE OFFER ON 50.1 MLN
SAVING SHARES OF INTEK GROUP 
    * OFFER PROVIDES AS CONSIDERATION 1 BOND 2020-2025 WITH PAR
VALUE
OF EUR 21.6 FOR EVERY 43 SAVING SHARES TENDERED
    * IN CASE OF FULL SUBSCRIPTION OF OFFER, TO ISSUE UP TO 1.2
MLN
NOTES FOR EUR 25.2 MLN

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA7Qllx6 urn:newsml:reuters.com:*:nNDLc76lS0
    
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