On Tuesday, SIC announced a proposal to swap the € 30 million 2019 bond issue for a new issue of equal value but with a lower interest rate: 3.95% versus 4.5% of the previous issue. Extra is a cash prize for each commitment.
IN release Directed by CMVM, the TV channel of the Impresa group indicates that this is a public offer of a partial and voluntary exchange of one million bonds worth 30 euros per unit.
“The refund offered as part of the public exchange offer corresponds, subject to taxes, fees and other charges, (i) 1 (one) SIC 2021-2025 Notes with a par unit value of € 30 (thirty €) and (ii) a cash prize in the amount of 0.4917 euros (zero point four point nine tenths of euros), ”the company says.
The promotion is valid from 8:30 on May 24 to 15:00 on June 7, 2021.
At the same time, SIC launches public subscription offer a new bond issue with a maturity of four years, consisting of one million bonds worth € 30 each for a total of € 30 million.
Orders have a minimum limit of 50 commitments, which corresponds to 1,500 euros.
