Saipem Announces Indicative Results Of Tender Offers Relating Two Bonds Expiring In 2025, 2026
May 29 (Reuters) -Saipem SpA SPMI.MI:
ANNOUNCES INDICATIVE RESULTS OF TENDER OFFERS RELATING TWO BONDS EXPIRING IN 2025 AND 2026
TOTAL PRINCIPLE AMOUNT OF EUR 104,498,000 IN RESPECT OF 2025 NOTES
TOTAL PRINCIPAL AMOUNT OF EUR 258,509,000 HAS BEEN VALIDLY TENDERED IN RESPECT OF 2026 NOTES
UPON COMPLETION OF TRANSACTION, 2025 NOTES STILL OUTSTANDING WILL BE, IN NOMINAL AMOUNT, EQUAL TO EUR 275,407,000
WILL PAY EUR 994 FOR EUR 1,000 AGGREGATE NOMINAL AMOUNT OF 2025 NOTES ACCEPTED FOR REPURCHASE PURSUANT TO OFFER
UPON COMPLETION OF TRANSACTION, 2026 NOTES STILL OUTSTANDING WILL BE, IN NOMINAL AMOUNT, EQUAL TO EUR 241,491,000
Further company coverage: SPMI.MI
(Gdansk Newsroom)
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