[vc_row][vc_column][vc_column_text]Genoa, 22 September 2020 – With reference to i) art.16 the settlement of the bond issue
denominated “Ediliziacrobatica S.p.A. 5% 2017 – 2023” issued by the writer on 29 September
2017 for the total nominal amount of € 2,000,000 (two million//00), identified with ISIN code
IT0005283467 and ii) art. 16 of the settlement of the bond issue denominated “Ediliziacrobatica
S.p.A. 4% 2017 – 2023” issued by the writer on 29 September 2017 for a total nominal amount of €
3,000,000 (two million//00), identified with ISIN code IT0005283475, the Company exercised its
right to proceed with the full early repayment of the above mentioned Bonds.
The early redemption will be made on the Payment Date of 29 September 2020, as an exception
to the Loan Regulation, which provides that the option of early redemption may be exercised by
the Issuer with at least 30 (thirty) Business Days’ notice, as agreed with the two Security
Subscribers.
As of 29 September, will be paid:
– the accrued interest accrued from 29 March 2020 to 29 September 2020
– the early repayment prices (from the end of the 36th month until the end of the 47th month),
calculated, in accordance with the Loan Regulations, by multiplying the Residual Value on the date
by the coefficient 1.02 (102%):
for the loan called “Ediliziacrobatica S.p.A. 5% 2017 – 2023”: € 2,040,000
for the loan called “Ediliziacrobatica S.p.A. 4% 2017 – 2023”: euro 3,060,000
This is how Riccardo Iovino, Managing Director of EdiliziAcrobatica, commented on the initiative:
“The repayment of the bonds is part of the Ediliziacrobatica Group’s strategy of optimising the cost
of funding and will be financed by the disbursement of an unsecured loan from Banca Intesa
Sanpaolo, at significantly more advantageous conditions, in line with the trend in interest rates
since 2017. The Group is therefore continuing with its growth strategy, which also envisages major
investments in internal digitisation over the next few years, which is essential to encourage the
expansion of EdiliziAcrobatica throughout Italy and the possible acquisition of several companies
in the main European countries. ”[/vc_column_text][vc_empty_space height=”22px”][vc_column_text]46 – PRESS RELEASE – EDILIZIACROBATICA REFUNDS ANTICIPATELY THE BONDS OF E 5 MILLION ISSUED IN 2017 22.09.2020[/vc_column_text][vc_empty_space height=”22px”][vc_column_text]Deborah Dirani
Press Office
ufficiostampa@ediliziacrobatica.com
www.ediliziacrobatica.com
EdiliziAcrobatica SpA
General Directorate
Viale Brigate Partigiane 18/2A
16129 Genova (GE)
Mob: +39 393 8911364[/vc_column_text][/vc_column][/vc_row]