12 October 2016
Deutsche Bank AG, London Branch (contact: Global Risk Syndicate on 0207-545- 4361) hereby gives notice that no stabilisation was undertaken by the Stabilising Manager(s) named below in relation to the offering of the following securities.
Issuer: Lecta S.A.
Guarantors (if any): Sub Lecta S.A.; Cartiere del Garda S.p.A.; Condat Holding S.A.S., Condat S.A.S.; Torraspapel S.A.; and Polyedra S.p.A.
Aggregate nominal amount: EUR 600,000,000
Description: EUR225M, Senior Secured Floating Rate Notes, E+637.5 due 1 August 2022
(RegS: XS1458414023; 144A: XS1458414379); EUR375M, Senior Secured Fixed Rate Notes, 6.5% due 1 August 2023
(RegS: XS1458413728; 144A: XS1458413645)
Issue/Reoffer Price: 99 on Floating / 100 on Fixed
Spread over benchmark: +687bps over 2% DBR due August 2023
Stabilising Manager(s): Deutsche Bank AG, London Branch (Stabilisation Coordinator)
Stabilisation started: 22 July 2016
Stabilisation last occurred: None
Although stabilisation offers were made, no stabilisation transactions were carried out.
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.
This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.
This information is provided by RNS