Brief: Prisa To Carry Out Capital Increase For Up To 10.8 Mln Euros Via Accelerated Bookbuilding
25/03/2025 17:21
March 25 (Reuters) - Promotora de Informaciones SA PRS.MC: TO CARRY OUT CAPITAL INCREASE THROUGH ACCELERATED BOOKBUILD OFFERING TO CARRY OUT SHARE CAPITAL INCREASE FOR UP TO 10.8 MILLION EUROS NOMINAL AMOUNT BY ISSUING 108.1 MILLION NEW SHARES TO ISSUE NEW SHARES REPRESENTING 9.95% OF CURRENT SHARE CAPITAL NEW SHARE ISSUANCE PRICE TO CORRESPOND TO NOMINAL VALUE OF CO'S OUTSTANDING SHARES (0.10 EURO) PLUS ISSUANCE PREMIUM DETERMINED BASED ON DEMAND FORECASTING BOARD SET MINIMUM ISSUANCE PRICE FOR NEW SHARES OF 0.37 EURO PER SHARE CAPITAL INCREASE ADDRESSED TO QUALIFIED INVESTORS CAPITAL INCREASE FUNDS TO BE USED TO CANCEL VIA OWN RESOURCES PRISA'S JUNIOR DEBT TRANCHE THIS CANCELLATION IS CONDITION PRECEDENT TO FORMALIZE NEW REFINANCING OF PRISA'S CURRENT SYNDICATED FINANCIAL DEBT REQUIRED BY FINANCIAL CREDITORS Source text: ID:nCNM16ntbb Further company coverage: PRS.MC (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))