Brief: Portale Sardegna Launches Process For Placement Of 4-mln-euro Bond

Portale Sardegna SpA

15/11/2019 10:52

Nov 15 (Reuters) - Portale Sardegna Spa  PSAR.MI :
    * SAID ON THURSDAY THAT IT LAUNCHES PROCESS TO ISSUE UP TO
EUR 4
MLN BOND, CALLED "PORTALE SARDEGNA 2019-2024 – 5,00%"
    * MINIMUM SUBSCRIPTION PRICE OF 1 BOND HAS NOMINAL VALUE OF
EUR
100,000 AND IS RESERVED FOR QUALIFIED INVESTORS ONLY
    * BOND HAS MATURITY OF 5 YEARS AND ITS REPAYMENT VALUE
EQUALS TO
100% OF NOMINAL VALUE OF EACH BOND
    * COUPON'S GROSS FIXED ANNUAL RATE AT 5.00% WITH DEFERRED
HALF-YEAR PAYMENT

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA6nbx6f
    
 Further company coverage:  PSAR.MI  
   


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