Interest is set at 4.6%
Benfica will launch a bond loan of 40 million euros, according to the Portuguese Securities Market Commission. The eagles say the interest rate is set at 4.6%. “This document (“Prospectus”) refers to the public subscription offer (“Offer”) and the admission to trading on the regulated market of Euronext Lisbon (“Euronext Lisbon”), managed by Euronext Lisbon – Sociedade Gestora de Mercados Regulamentados, SA (“Euronext”), of a maximum of 8,000,000 bonds to be issued by Sport Lisboa e Benfica – Futebol, SAD (“Benfica SAD” or “Issuer”), of a denomination per unit of €5 and an initial aggregate value of up to €40,000.000, which may be increased, at the option of the Issuer, by an addendum to the Prospectus approved by the Portuguese Securities Market Commission (” CMVM”) and published until May 24, 2022 inclusive, to be subscribed at its nominal value on June 1, 2022 (“Issue Date”), with repayment of the principal at its nominal value on June 1, 2025 (“Redemption Date” ), with a gross fixed interest rate of 4.60% per annum and with the ISIN PTSLBMOM0016, representing the loan bond called “Benf ica SAD 2022-2025” (“Obrigações Benfica SAD 2022-2025”), the note reads.
The offer will begin to be available next Monday until May 27. The last redemption date is June 1, 2025.
By Flavio Miguel Silva
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