Brief: CVC Investor Enters Amendment To Allow Total Return Swap Derivatives In Context Of Takeover Bid On Recordati's Shares
BRIEF-CVC Investor Enters Amendment To Allow Total Return Swap Derivatives In Context Of Takeover Bid On Recordati's Shares June 22 (Reuters) - Recordati Industria Chimica e Farmaceutica SpA RECI.MI on behalf of Respighi BidCo SpA:
SAID ON FRIDAY CVC INVESTOR ENTERED AMENDMENT TO ALLOW TOTAL RETURN SWAP DERIVATIVES ON RECORDATI SHARES
DEAL INVOLVES UNDERLYING FINANCIAL INSTRUMENTS UP TO 10,250,000 SHARES OF RECORDATI, OR AROUND 4.90% OF SHARE CAPITAL
AS OF FRIDAY, CVC INVESTOR HOLDS 1.82% OF RECORDATI SHARES AND 4.9% VIA FINANCIAL INSTRUMENTS
FULL NAME OF CVC INVESTOR IS CVC CAPITAL PARTNERS IX AGGREGATOR SCA SICAV-RAIF SUB-FUND 2
Further company coverage: RECI.MI
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