Both bonds are directly negotiable on the MOT market of the Italian Stock Exchange and on the multilateral system Bond-
X (EuroTLX)therefore available to all investors, who will be able to trade them directly from their securities account independently
from the supporting bank.
The dollar bond Americans is a fixed ratehas an expiry date of 10 years (22 May 2034) and is characterized by the payment of fixed premiumson an annual basis, corresponding to 5.35% gross per annum. The currency of issue and trading is the US dollar and payments of both the annual interest and the nominal amount at maturity are made in US dollars. The ISIN code is IT0005596645 and the nominal value and minimum increment is 2,000 USD.
The second euro bond it is at a fixed rate Step Down Cumulative Callablewith a deadline of 13 years (May 22, 2037):
for the first three years previses a rate equal to 7.20% gross per annum and for i subsequent ones ten provides a rate of 3% gross per year. The
bonds can be repaid in advance at the discretion of the issuer in May of each year from May 2025 to May
2036 and will liquidate the accumulated interest at the time of early repayment. Unless early repayment is made within the 3rd year, in May
2027 the gross amount of 216 euros will be paid per bond and from that moment the bond will accrue interest at 3% gross per annum until the next prepayment date or maturity. The ISIN code is IT0005596637 and the nominal value and minimum increment is equal to 1,000 EUR.
From 22 to 31 May 2024 furthermore, based on market conditions and in line with the regulations of the reference market (MOT e
Bond-X), the bonds will be offers on the MOT and Bond-X market at a price equal to issue price (100% of the value
nominal).
(Teleborsa) 22-05-2024 14:15
