IGD announces an exchange offer in respect of its convertible bond having as exchange consideration a new senior bond
The Board of Directors of Immobiliare Grande Distribuzione SIIQ S.p.A. (“IGD” or the “Company”) held today has approved:
(i) the issuance of new senior unsecured fixed rate notes for an aggregate maximum amount equal to Euro 230,000,000 due May 2017 (the “New Notes”);
(ii) the launch of an exchange offer