Other News > Prysmian – Prysmian’s Board of Directors approves the exercise of the Soft Call on the €750,000,000 convertible bond issued in February 2021 and the launch of a share buy-back programme up to €375 million

Prysmian – Prysmian’s Board of Directors approves the exercise of the Soft Call on the €750,000,000 convertible bond issued in February 2021 and the launch of a share buy-back programme up to €375 million

June 7, 2024
Prysmian Group

The Board of Directors of Prysmian S.p.A. (the “Company”), during its meeting of today, has approved the exercise of the early redemption call (the “Soft Call”) on the entire aggregate amount outstanding of the convertible bond “€750,000,000 Equity Linked Bonds due 2026” (ISIN XS2294704007) issued in February 2021 (the “Bond”).

 

The Board of Directors also approved the start of a share buy-back programme (the “Programme”), according to the authorising resolution of the Shareholders’ Meeting held on 18 April 2024. 

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