Brief: Sonae Issues 150 Mln Euros In Bonds To Finance Voluntary Public Offer For Musti
18/03/2024 18:05
March 18 (Reuters) - Sonae SGPS SA YSO.LS :
* PROCEEDS WITH ISSUANCE OF SERIES 3 BONDS OF 150 MILLION
EUROS,
MATURING ON NOVEMBER 27, 2028
* ISSUANCE WAS MADE UNDER FINANCING AGREEMENT TO FINANCE
VOLUNTARY
PUBLIC OFFER FOR ACQUISITION OF SHARES OF FINNISH COMPANY MUSTI
GROUP, WITH ASSOCIATED ISSUANCES TOTALLING 550 MILLION EUROS
* COMPLETION OF THIS OPERATION ALLOWS SONAE TO STRUCTURALLY
FINANCE NECESSARY FUNDS TO PURSUE ITS STRATEGIC OBJECTIVES,
WHILE MAINTAINING ADEQUATE MATURITY OF ITS LONG-TERM DEBT
Source text: https://tinyurl.com/4nu3t5tv urn:newsml:reuters.com:*:nFWN3FF39Y
Further company coverage: YSO.LS
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))