Exor announces the pricing of Euro 650 million notes maturing in 2033
Exor N.V. (rated A- with stable outlook by Standard & Poor’s) announces the pricing of Euro 650 million notes due on 14 February 2033, with an issue price of 99.371% and a fixed annual coupon of 3.75%.
The purpose of the issue is to raise new funds for Exor’s general corporate purposes and refinance debt maturing in 2024.
The notes will be listed on the Luxembourg Stock Exchange, admitted for trading on the Euro MTF Market, and the settlement of the issue will take place on 14 February 2024.