Iacobucci and Alessandro Rosso debut on ExtraMOT PROJan 02 2014 - 11:00
Iacobucci HF Electronics and Alessandro Rosso Group are the first ELITE companies to issue bonds on ExtraMOT PRO.
Iacobucci HF Electronics, a global leader in the production of components for galleys and seats for the commercial and general aviation market, issued bonds for a value of €3,750,000. Integrae Sim is the entity responsible for the coordination and placement of the bond. The bond provides semi-annual coupon payments at an annual rate of 8%, with the possibility of early repayment.
Alessandro Rosso Group, is a market leader in the travel market, offering a diversified range of products and services ranging from team building events to incentive travel and conventions. The bonds, issued for a value of €4,000,000, expire in December 2018 and will pay a semi-annual coupon at an annual rate of 10%. It includes an option for early redemption at the initiative of the issuer or bondholders.
Pietro Poletto, Head of Fixed Income Markets of LSEG, commented:
"We are delighted to welcome Iacobucci HF Electronics and Alessandro Rosso Group on ExtraMOT PRO, the first ELITE companies to use the capital markets to issue a debt instrument, a path that we believe and hope will be followed by other excellent Italian companies. Borsa Italiana is committed to supporting Italian companies in their access to the capital markets ".
Luca Peyrano, Head of Italy & Continental Europe Primary Markets, LSEG added:
"The issuing of bonds on ExtraMOT PRO by two ELITE companies confirms Borsa Italiana’s strong commitment to providing the most suitable capital raising opportunities to ELITE’s small and mid cap enterprises.”
ExtraMOT PRO is dedicated to bond listings, financial bills, equity instruments and project bonds.
The segment is designed to provide Italian companies a flexible, economical and efficient market where they can seize the opportunities and tax benefits arising from the new regulatory framework (DL n. 83/2012). The segment is reserved to professional investors.
ELITE is Borsa Italiana’s business support programme for Italian SMEs. It aims to accelerate the growth of Italian SMEs through an innovative path of organizational and managerial development, targeted at making ambitious businesses more competitive, visible and attractive to investors. ELITE offers selected companies a platform of networks and services designed to help them raise capital and increase their visibility, in turn helping them grow their business.
For further information, please contact:
+39 0272426 360
To download the Pdf: (file pdf - 187 KB)