Exor NV

EXOR announces Private Placement of €500 mn notes maturing 2030

EXOR announces the pricing, with the signing taking place today, of €500 million non-convertible notes through a private placement to institutional investors.

The purpose of the issuance is to raise new funds for EXOR’s general corporate purposes.

The notes, with an issue price of 98.489% and a fixed annual coupon of 2.25% will reach final maturity on 29 April 2030.

The settlement will take place on 29 April 2020 and the notes (rated BBB+ by Standard & Poor’s) will be listed on the Luxembourg Stock Exchange for trading on the Euro MTF Market.

Acquisition of Gedi Gruppo editoriale S.p.A.

Closing of the acquisition of 48.8% of the share capital of GEDI from CIR and Mercurio (Perrone family)
Agreement signed with SIA BLU and Giacaranda Caracciolo for the acquisition of a further stake in GEDI equal to 6.07% of the share capital Agreements signed to reinvest in Giano Holding in order that CIR and Mercurio will remain shareholders, each with a see-through stake of 5% in GEDI.

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