Issue of Senior Notes
Buzzi Unicem SpA has resolved today the issue of Notes with principal amount up to €500 million and a minimum denomination of €100,000, to be placed with institutional investors only.
The final terms of the offering will be defined upon pricing, based on market conditions. Buzzi Unicem envisages to apply for listing of the notes, as well as the admission to trading, on the regulated market of the Luxembourg Stock Exchange.
Through the next issue the company aims at promptly renewing some borrowings coming to maturity, further diversifying its funding sources and extending the average debt maturity profile.
Banca IMI, BNP Paribas and Citi will act as Joint Lead Manager and Joint Bookrunner of the transaction.
The Notes will only be offered and sold outside the United States to institutional investors that are non-U.S. persons under Regulation S and have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or any other securities laws. The Notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or an offer of financial products, nor shall there be any sale of these Notes in any state or jurisdiction in which such an offer or sale would be unlawful. No action has been or will be taken to permit a public offering of the Notes in any jurisdiction, including Italy.
This press release is not an offer of securities for sale or an offer of financial products in the Unites States or in any other jurisdiction, including Italy. The Notes may not be offered or sold in the United States or to or for the account or benefit of U.S. persons (as such term is defined in Regulation S of the U.S. Securities Act) unless registered under the U.S. Securities Act of 1933 or exempted from such registration. Any offer of Notes will be made by means of a prospectus that will contain detailed information on, inter alia, the Issuer and its management.
No authorization for the offer of the Notes has been requested to Commissione Nazionale per le Società e la Borsa (CONSOB) pursuant to Italian securities legislation. Accordingly, the Notes have not been and will not be offered, sold or delivered in Italy in a public offering unless in circumstances which are exempted from the publication of a prospectus pursuant to applicable laws and regulations and the Notes will be offered, sold or delivered in Italy only in compliance with all applicable laws and regulations.
This press release is directed only (i) at persons who are outside the United Kingdom; (ii) to investment professionals falling within art. 19 (5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“Order”) as amended or (iii) at persons falling within Article 49 (2) (a) to (d) (high net worth individuals, unincorporated associations, etc.”) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 as amended (all such persons together being referred to as “relevant persons”). This press release must not be acted on nor relied on by persons that are not relevant persons. Any investment activity to which this press release relates is reserved for relevant persons only and may only be engaged in by relevant persons.
Not for distribution in the United States
Investor Relations Assistant
Phone +39 0142 416 404