IGD exercises its option to early redeem the Notes denominated “€300,000,000 2.500 per cent. Notes due 31 May 2021”

Immobiliare Grande Distribuzione SIIQ S.p.A. (“IGD” or the “Company”), pursuant to condition 7(c) (Redemption at the option of the Issuer) of the terms and conditions of the notes denominated “€300,000,000 2.500 per cent. Notes due 31 May 2021” (ISIN: XS1425959316) (the “Notes”), currently outstanding for an aggregate principal amount equal to Euro 70,793,000, today has published a notice addressed to the holders of the Notes informing that the Company exercised its option to early redeem the Notes. Accordingly, the Notes will be redeem in full on 1 March 2021. Following such redemption, the Notes will be cancelled. This transaction falls within the financial strategy of the Company, as previously communicated.

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