Altri : SGPS, S.A. announces 8-year fixed-rate coupon bond issuance by its subsidiary CELBI
April 20, 2018 at 11:57 am EDT
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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, eight-year fixed-rate coupon bonds, in the amount of Euro 50,000,000 (fifty million Euro), by private placement, named "CELBI 2018/2026".
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, April 20, 2018
The Board of Directors
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Altri SGPS SA published this content on 20 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 April 2018 15:56:08 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.