Brief: SOL Finalises Private Placement Of Non-Convertible Bond On US Market

SOL

06/04/2022 14:32

April 6 (Reuters) - SOL SpA  SOLS.MI :
    * FINALISES PRIVATE PLACEMENT OF A NON-CONVERTIBLE BOND ON
THE US
MARKET, FULLY SUBSCRIBED BY FIVE INSTITUTIONAL INVESTORS
    * BOND ISSUE HAS TOTAL AMOUNT OF EUR 75 MILLION, WITH FINAL
MATURITY OF 20 YEARS AND COUPON OF 1.89%
    * PROCEEDS TO BE USED TO SUPPORT DEVELOPMENT OF COMPANY'S
ACTIVITIES AND GROUP'S CURRENT AND FUTURE INVESTMENTS

Further company coverage:  SOLS.MI 

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