Altri : SGPS, S.A. announces 10-year bond issuance by its subsidiary CELBI
May 28, 2018 at 12:08 pm EDT
Share
ALTRI, SGPS, S.A.
Public Company
Head Office: Rua do General Norton de Matos, 68 - R/C, Oporto
Share Capital: Euro 25,641,459
Registered at the Commercial Registry Office of Oporto
Sole registration and tax number 507 172 086
MATERIAL INFORMATION
Altri, SGPS, S.A. hereby informs that its subsidiary Celulose Beira Industrial (Celbi), S.A. has issued, today, ten-year bonds, in the amount of Euro 50,000,000 (fifty million Euro), by private placement, named "CELBI 2018/2028", which will be admitted to trading on Euronext Access Lisbon.
This issuance follows Altri's funding strategy, which aims to extend the company's debt maturity profile, strengthen its capital structure and diversify both sources and types of funding.
Oporto, May 28, 2018
The Board of Directors
Attachments
Original document
Permalink
Disclaimer
Altri SGPS SA published this content on 28 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 May 2018 16:07:03 UTC
Altri, SGPS, S.A. is a holding company primarily organized around 3 areas of activity:
- paper pulp production: 1,061 Kt produced in 2023. At the end of 2023, the group had 3 production sites located in Portugal;
- logging;
- electricity production from renewable energies.