S&P upgrades Exor’s rating to A-
Exor announces that S&P Global Ratings (S&P) communicated today that it has upgraded Exor’s long-term corporate credit rating to A- from BBB+, keeping a “stable” outlook.
The short-term rating of Exor is A-2.
Exor NV
Exor announces oversubscribed Tender Offer, part of its €1 billion Share Buyback Program
Exor N.V. (“Exor” or the “Company”) announces the results of the Tender Offer set out in the Offer Memorandum published by the Company on 13 September 2023 (the “Offer Memorandum”). The Tender Offer closed at 17:40 CET on 12 October 2023.
Announcement of the Reference VWAP for the Tender Offer
On 10 October 2023, the reported closing price of the Ordinary Shares on Euronext Amsterdam was EUR 84.20 per Ordinary Share.
Exor announces the launch of a Tender Offer to repurchase up to €750 Million in Ordinary Shares as part of its new €1 Billion Share Buyback Program
Exor N.V. (“Exor” or the “Company”) announces the launch of a tender offer to purchase ordinary shares with a nominal value of EUR 0.01 each in the share capital of Exor N.V. (each an “Ordinary Share”, and together the “Ordinary Shares”), executed via a reverse “Dutch auction”, for an aggregate consideration up to (and including) €750 million to Qualifying Shareholders (as defined below) (the “Tender Offer”).