Atlantia accepts tenders for nearly all Romulus Finance’s 5.441% notes

By Jennifer Chiou

New York, Jan. 28 – Atlantia SpA announced that it has accepted tenders for £214,725,000, or 99.87%, of the £215 million of outstanding 5.441% class A4 notes due 2023 issued by Romulus Finance Srl.

The offer ended at 10 a.m. ET on Jan. 27. It was extended from 10 a.m. ET on Jan. 26.

According to a company announcement, Atlantia will pay 121% of par plus accrued interest totaling £1,251,770.03. The payment was previously set at 120% of par plus interest.

The offer was subject to the receipt of tenders for at least 60% of the outstanding principal amount of notes.

Atlantia will fund the offer with cash on hand. Settlement is expected to occur on Jan. 30.

The lead dealer manager for the tender offer was Mediobanca – Banca di Credito Finanziario SpA (39 02 88291 or MB_DCM_CORPORATE_IT@mediobanca.com). The co-lead dealer managers were BNP Paribas (44 (0) 20 7595 8668 or liability.management@bnpparibas.com) and Deutsche Bank AG, London Branch (44 20 7545 8011 or liability.management@db.com).

The tender agent was Lucid Issuer Services Ltd. (44 (0) 20 7704 0880 or atlantia@lucid-is.com).

Rome-based Atlantia constructs and operates motorways, airports and transport infrastructure, parking areas and intermodal systems.

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