Azimuth Start an offer today subordinated bonds convertible into treasury shares, already issued and fully subscribed by the company (approximately 7,7% of the share capital), for a nominal amount of 250 million euro.
The bonds will be at a fixed rate, with an annual coupon between 1,625% and 2,125%, which will be paid on November 25th and May 25th of each year.
This morning in Piazza Affari, Azimut stock started trading just below parity.