Brief: Imvest signs agreement with Edilnova to redeem bond due 2018

Mevim SpA

26/07/2017 11:24

July 26 (Reuters) - IMVEST SPA  YIV.MI : 
    * SAID ON TUESDAY IT HAD SIGNED AN AGREEMENT WITH EDILNOVA 
ROMANA TO REDEEM AN IMVEST BOND DUE 2018 
    * IMVEST OWNS 31 BONDS ISSUED BY SET FINANCIAL FOR THE 
NOMINAL VALUE OF EUR 31 MLN 
    * EDILNOVA OWNS A 2013-2018 IMVEST BOND WITH AN INTEREST 
RATE OF 5 PCT FOR EUR 30 MLN 
    * THE ACCRUED INTEREST IN FAVOR OF EDILNOVA AMOUNTS TO 1.7 
MLN EUROS 
    * TO TRANSFER TO EDILNOVA THE SET FINANCIAL BOND, AS WELL AS 
A 48.7 PCT STAKE IN BARCACCIA AND A 40 PCT STAKE IN ITET 
    * SIGNED WITH EDILNOVA ANOTHER AGREEMENT WHICH GIVES 
EDILNOVA THE OPTION RIGHT TO BUY 100 PCT STAKE IN MC REAL ESTATE 
FOR EUR 4.3 MLN 
    * REAPPROVED FY 2016 RESULTS 
    * FY 2016 PRODUCTION VALUE REMAINS UNCHANGED AT EUR 7.6 MLN 
    * FY 2016 NET LOSS EUR 6.7 MILLION 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA4zjPH9 
     
 Further company coverage:  YIV.MI   
    
 
 
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