Key Developments: Acea SpA (ACE.MI)

ACE.MI on Milan Stock Exchange

23 Dec 2014
Price Change (% chg)

€0.18 (+2.00%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Search Stocks

Latest Key Developments (Source: Significant Developments)

Acea SpA launches 10-year 600 mln euro bond-Reuters
Monday, 7 Jul 2014 08:00pm EDT 

Acea SpA:Acea launches a 600 mln euros 10-year senior unsecured bond-Reuters.The yield on the bond has been set at 128 basis points above the midswap.The pricing is expected in the afternoon.Banca Imi, Bnp Paribas, Credit Agricole Cib, Mediobanca and UniCredit managed the transaction.  Full Article

Acea SpA appoints Alberto Irace CEO
Monday, 9 Jun 2014 09:22am EDT 

Acea SpA:Appoints Alberto Irace as Chief Executive Officer of the company.  Full Article

Acea SpA approves FY 2013 dividend; appoints Catia Tomasetti Chairperson of Board
Thursday, 5 Jun 2014 12:34pm EDT 

Acea SpA:Approves the FY 2013 dividend of 0.42 euros per share, of which 0.25 euros already distributed as interim.The dividend of 0.17 euros per share, with coupon number 15, will be paid from June 26, with ex-dividend on June 23 and record date on June 25.Elects the new Board of Directors and appoints Catia Tomasetti as Chairperson of the Board.  Full Article

Fitch Ratings confirms Acea SpA's rating at BBB+; outlook to stable
Thursday, 29 May 2014 03:16pm EDT 

Acea SpA:Fitch Ratings confirmed Acea's Long-Term Issuer Default Rating (IDR) and the Senior Unsecured Rating at BBB+ and the Short-Term IDR at F2.Improves the outlook to stable from negative.  Full Article

Acea SpA proposes FY 2013 dividend; issues FY 2016 EBITDA and net profit guidance above and revenues below estimates; issues FY 2018 guidance
Monday, 10 Mar 2014 12:39pm EDT 

Acea SpA:Proposes the distribution of a dividend for fiscal year 2013 of 0.42 euros per share, of which 0.25 already paid as interim.Approves the company's industrial plan for the period 2014-2018.Expects an average annual growth in the EBITDA, during the 2014-2018 period, equal to 5.2 pct, with EBITDA reaching 857 mln euros in FY 2016 and 988 mln euros in FY 2018.Fiscal year 2016 EBITDA at 825.67 mln euros -Thomson Reuters I/B/E/S.Expects consolidated revenues to reach 3,563 mln euros in FY 2016 and 3,913 mln euros in FY 2018.Fiscal year 2016 revenues at 3,728 mln euros - Thomson Reuters I/B/E/S.Expects net profit, before minority interests, to reach 210 mln euros in FY 2016 and 238 mln euros in FY 2018.Fiscal year 2016 net income at 178.00 mln euros - Thomson Reuters I/B/E/S.Decides on a bond program, part of the Euro Medium Term Note Program, up to a maximum of 1.5 bln euros.  Full Article

Moody's upgrades outlook of Acea SpA from negative to stable and confirms its rating at Baa2
Wednesday, 19 Feb 2014 02:38am EST 

Acea SpA:Announces that the rating agency Moody's upgraded Acea's outlook from negative to stable and confirmed its rating at Baa2.This follows the change in outlook to stable on Italy's Baa2 government bond rating.The change in outlook is also due to the results achieved by the company in the second half of 2013.  Full Article

Acea SpA approves interim dividend for FY 2013
Wednesday, 18 Dec 2013 07:44am EST 

Acea SpA:Says the Board approved the distribution of an interim dividend for fiscal year 2013 equal to 0.25 euros per share.Says payment will be on Jan. 2, ex-dividend with coupon number 14 on Dec. 23 and record date on Dec. 30.  Full Article

Acea SpA to Distribute Interim Dividend for FY 2013
Monday, 11 Nov 2013 01:39pm EST 

Acea SpA announced that the Board of Directors initiated the procedure aimed at the distribution of an interim dividend for fiscal year 2013 equal to EUR 0.25 per share. The distribution depends on the approval by the Auditing firm Reconta Ernst & Young.  Full Article

Standard & Poor's Confirms Acea SpA's Ratings; Outlook from Negative to Stable
Monday, 21 Oct 2013 03:24am EDT 

Acea SpA announced that Standard & Poor's has confirmed the Company's ratings to BBB-/A3 and brought the ratings' outlook from Negative to Stable. Standard & Poor's motivates the rating action following the results achieved by the Management of Acea SpA.  Full Article

Acea SpA Places EUR 600 Million Bond
Thursday, 5 Sep 2013 11:38am EDT 

Acea SpA announced that it has placed a EUR 600 million bond with a length of five years reserved to institutional investors in the Euromarket. The bond will be quoted on the Luxemburg Stock Exchange. The Joint Lead Managers of the operation were Banca IMI SpA, BNP Paribas, Credit Agricole Corporate and Investment Bank and UniCredit Bank AG. The Chiomenti Law Firm served as Legal Advisor to Acea and the Clifford Chance Law Firm to the Joint Lead Managers.  Full Article

Search Stocks