Sonae Capital SGPS SA informs about bond issue

 

 

SONAE CAPITAL, SGPS, S.A.
Head Office: Lugar do Espido, Via Norte, 4470-177 Maia
Share Capital: 250,000,000 Euro
Maia Commercial Registry and Fiscal Number 508 276 756
Sociedade Aberta

 

Announcement

Sonae Capital, SGPS, S.A. announces that it has today completed an unsecured bond issue, by private placement, arranged and led by Banco BPI in the amount of €10,000,000 (ten million euro) with a tenor of 5 years and a call and put options at the end of the third year.

This issue is part of Sonae Capital’s refinancing process which began at the end of last year, allowing Sonae Capital to increase its average debt maturity and therefore adjusting its debt maturity profile to the expected cash-flow generation profile.

 

Maia, 17 January 2011

The Representative for Capital Market Relations