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BRIEF-Azimut Holding may use proceeds from 350 mln euro bond issue for bond buyback
March 21, 2017 / 8:04 AM / 9 months ago

BRIEF-Azimut Holding may use proceeds from 350 mln euro bond issue for bond buyback

March 21 (Reuters) - Azimut Holding SpA:

* Approves issuance of fixed-rate non-convertible bonds with duration of up to 5 years and expected to be issued in the amount of up to 350 million euros ($377.69 million)

* Proceeds of issue of bonds may be used for general corporate purposes including tender offer in respect to the company’s subordinated convertible bonds due 2020 Source text for Eikon: Further company coverage: ($1 = 0.9267 euros) (Gdynia Newsroom)

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