The operation is aimed a sustaining the growth - by supporting investments in research, development and innovation - of FIS, a leader in the manufacture of chemical products for the pharmaceutical industry.
The funds arising from the issue will be employed by FIS to finance the company's new investment plan. The liquidity will be used to implement a series of operations and new activities to increase production capacity, reduce costs, improve operating efficiency and enhance the reliability of systems.
The bond issue - which was structured and placed by Mediobanca - Banca di Credito Finanziario S.p.A., as Lead Manager - has a maturity of seven years, bears interest at a fixed annual rate of 2.747 %. with a bullet redemption at maturity.
The securities have been admitted for trading on the multilateral trading system 'Third Market' organized and managed by the Vienna Stock Exchange.
This announcement (and the information contained therein) does not constitute or form part of any offer to sell nor a solicitation of any offer to buy any securities nor shall there be any offer of securities in any jurisdiction in which such offer or sale would be unlawful. It may be unlawful to distribute this announcement in certain jurisdictions. This announcement does not constitute an offer of securities for sale in the United States, Canada, South Africa and Japan and in any jurisdiction in which such offer or sale would be unlawful and is not for publication or distribution in any such jurisdictions. The securities referred to in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This announcement is not a public offer of financial products in Italy as per Article 1, para. 1, letter. t) of Legislative Decree no. 58 of February 24, 1998. The documentation relating to the offer has not been/will not be submitted to the approval of CONSOB. (end)