Brief: Vista Alegre To Issue Bonds For 50 Mln Euros

VAA Vista Alegre Atlantis SGPS SA

15/10/2019 06:18

Oct 15 (Reuters) - VVA Vista Alegre Atlantis SGPS SA
 VAF.LS :
    * SAID ON MONDAY DECIDED TO ISSUE SECURED GUARANTEED BONDS
IN THE
AMOUNT OF 45 MILLION EUROS WITH A FIXED ANNUAL RATE OF 4.5% AND
MATURITY IN OCTOBER 2024
    * DECIDED TO ISSUE SECURED GUARANTEED BONDS IN THE AMOUNT OF
5
MILLION EUROS WITH A FIXED ANNUAL RATE OF 3.5% AND FINAL
MATURITY IN OCTOBER 2024
    * INVESTMENT INTENTIONS COLLECTED SO FAR EXCEED IN 195% OF
MINIMUM
TARGET AMOUNT SET BY VAA (40 MILLION EUROS)
    * ISSUANCE OF THESE BONDS WILL DIVERSIFY VAA'S FUNDING
SOURCES AND
LENGTHEN THE AVERAGE DEBT MATURITY

    
 Source text for Eikon: https://bit.ly/2MitHvD
    
 Further company coverage:  VAF.LS  
   


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