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Azimut offers convertible bonds for 250 million

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.

Azimut offers convertible bonds for 250 million

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. 

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