{"id":1516147,"date":"2020-11-05T00:00:00","date_gmt":"2020-11-05T00:00:00","guid":{"rendered":"http:\/\/54.217.56.244\/investor-releases\/press-release-ediliziacrobatica-refunds-anticipately-the-bonds-of-e-5-million-issued-in-2017-22-09-2020\/"},"modified":"2020-11-05T00:00:00","modified_gmt":"2020-11-05T00:00:00","slug":"press-release-ediliziacrobatica-refunds-anticipately-the-bonds-of-e-5-million-issued-in-2017-22-09-2020","status":"publish","type":"investor-releases","link":"https:\/\/acrobaticagroup.com\/en\/investor-releases\/press-release-ediliziacrobatica-refunds-anticipately-the-bonds-of-e-5-million-issued-in-2017-22-09-2020\/","title":{"rendered":"PRESS RELEASE &#8211; EDILIZIACROBATICA REFUNDS ANTICIPATELY THE BONDS OF E 5 MILLION ISSUED IN 2017 22.09.2020"},"content":{"rendered":"[vc_row][vc_column][vc_column_text]Genoa, 22 September 2020 &#8211; With reference to i) art.16 the settlement of the bond issue<br \/>\ndenominated &#8220;Ediliziacrobatica S.p.A. 5% 2017 &#8211; 2023&#8221; issued by the writer on 29 September<br \/>\n2017 for the total nominal amount of \u20ac 2,000,000 (two million\/\/00), identified with ISIN code<br \/>\nIT0005283467 and ii) art. 16 of the settlement of the bond issue denominated &#8220;Ediliziacrobatica<br \/>\nS.p.A. 4% 2017 &#8211; 2023&#8221; issued by the writer on 29 September 2017 for a total nominal amount of \u20ac<br \/>\n3,000,000 (two million\/\/00), identified with ISIN code IT0005283475, the Company exercised its<br \/>\nright to proceed with the full early repayment of the above mentioned Bonds.<br \/>\nThe early redemption will be made on the Payment Date of 29 September 2020, as an exception<br \/>\nto the Loan Regulation, which provides that the option of early redemption may be exercised by<br \/>\nthe Issuer with at least 30 (thirty) Business Days&#8217; notice, as agreed with the two Security<br \/>\nSubscribers.<br \/>\nAs of 29 September, will be paid:<br \/>\n&#8211; the accrued interest accrued from 29 March 2020 to 29 September 2020<br \/>\n&#8211; the early repayment prices (from the end of the 36th month until the end of the 47th month),<br \/>\ncalculated, in accordance with the Loan Regulations, by multiplying the Residual Value on the date<br \/>\nby the coefficient 1.02 (102%):<br \/>\nfor the loan called &#8220;Ediliziacrobatica S.p.A. 5% 2017 &#8211; 2023&#8221;: \u20ac 2,040,000<br \/>\nfor the loan called &#8220;Ediliziacrobatica S.p.A. 4% 2017 &#8211; 2023&#8221;: euro 3,060,000<br \/>\nThis is how Riccardo Iovino, Managing Director of EdiliziAcrobatica, commented on the initiative:<br \/>\n&#8220;The repayment of the bonds is part of the Ediliziacrobatica Group&#8217;s strategy of optimising the cost<br \/>\nof funding and will be financed by the disbursement of an unsecured loan from Banca Intesa<br \/>\nSanpaolo, at significantly more advantageous conditions, in line with the trend in interest rates<br \/>\nsince 2017. The Group is therefore continuing with its growth strategy, which also envisages major<br \/>\ninvestments in internal digitisation over the next few years, which is essential to encourage the<br \/>\nexpansion of EdiliziAcrobatica throughout Italy and the possible acquisition of several companies<br \/>\nin the main European countries. \u201d[\/vc_column_text][vc_empty_space height=&#8221;22px&#8221;][vc_column_text]<a href=\"https:\/\/ediliziacrobatica.com\/app\/uploads\/2020\/11\/46-PRESS-RELEASE-EDILIZIACROBATICA-REFUNDS-ANTICIPATELY-THE-BONDS-OF-E-5-MILLION-ISSUED-IN-2017-22.09.2020.pdf\" target=\"_blank\" rel=\"noopener\">46 &#8211; PRESS RELEASE &#8211; EDILIZIACROBATICA REFUNDS ANTICIPATELY THE BONDS OF E 5 MILLION ISSUED IN 2017 22.09.2020<\/a>[\/vc_column_text][vc_empty_space height=&#8221;22px&#8221;][vc_column_text]Deborah Dirani<br \/>\nPress Office<br \/>\nufficiostampa@ediliziacrobatica.com<br \/>\nwww.ediliziacrobatica.com<\/p>\n<p>EdiliziAcrobatica SpA<br \/>\nGeneral Directorate<br \/>\nViale Brigate Partigiane 18\/2A<br \/>\n16129 Genova (GE)<br \/>\nMob: +39 393 8911364[\/vc_column_text][\/vc_column][\/vc_row]\n","protected":false},"featured_media":0,"template":"","categorie_comunicati_stampa":[],"class_list":["post-1516147","investor-releases","type-investor-releases","status-publish"],"acf":[],"_links":{"self":[{"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/investor-releases\/1516147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/investor-releases"}],"about":[{"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/types\/investor-releases"}],"wp:attachment":[{"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/media?parent=1516147"}],"wp:term":[{"taxonomy":"categorie_comunicati_stampa","embeddable":true,"href":"https:\/\/acrobaticagroup.com\/en\/wp-json\/wp\/v2\/categorie_comunicati_stampa?post=1516147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}