Brief: Manitou Finalises Bond Issue Of EUR 105 Mln

Manitou Bf SA

05/06/2019 07:17

June 5 (Reuters) - MANITOU BF SA  MANP.PA :
    * MANITOU ANNOUNCED ON TUESDAY THE EXECUTION OF A
€105,000,000 NEW
BOND ISSUE
    * MANITOU FINALIZED A EURO PP NEW PRIVATE BOND ISSUE OF
€105,000,000 IN LINE WITH PREVIOUS ISSUES
    * THE BONDS ARE ISSUED IN 3 MATURITIES OF 6, 7 AND MAINLY 8
YEARS
    * THE SETTLEMENT IS SCHEDULED FOR JUNE 13, 2019
    * PROCEEDS OF THESE ISSUES WILL BE USED TO REFINANCE THE
EXISTING
BOND DEBT IN FUTURE AND WILL MAINLY BE ALLOCATED TO COMPANY'S
DEVELOPMENT.
    * THE TRANSACTION WAS ARRANGED BY SOCIÉTÉ GÉNÉRALE AND LCL
AS
MANDATED LEAD ARRANGERS, BOTH ADVISED BY WHITE & CASE
    * MANITOU BF HAS BEEN ASSISTED ON THIS ISSUE BY NABARRO &
HINGE
AND CLEARY GOTTLIEB

    
 Source text: https://bit.ly/2ESzHam 
    
 Further company coverage:  MANP.PA  
   


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