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Aeroporti Di Roma S.p.A. - Tender Offer - Launch

Tender Offer for €500,000,000 1.625 per cent. Notes due 8 June 2027

03 JULY 2023


Full announcement including disclaimers and offer restrictions available via Euronext (Source: Aeroporti Di Roma S.p.A.)


"Fiumicino (Rome), 3 July 2023. Aeroporti di Roma S.p.A. (the “Company”) hereby announces an invitation to the holders (“Noteholders”) of its outstanding €500,000,000 1.625 per cent. Notes due 8 June 2027 (ISIN: XS1627947440) (the “Notes”) to tender their Notes for purchase by the Company for cash (the “Invitation”) up to the Maximum Acceptance Amount (as defined below) on the terms and subject to the satisfaction or waiver of the New Notes Condition (as defined below) and the other conditions set out in the tender offer memorandum dated 3 July 2023 (the “Tender Offer Memorandum”) prepared in connection with the Invitation, and subject to the offer and distribution restrictions set out below. Capitalised terms used herein but not defined have the meanings given to them in the Tender Offer Memorandum.


The Company is therefore inviting all Noteholders (subject to the Maximum Acceptance Amount and the other restrictions described in the Tender Offer Memorandum) to offer their Notes for sale to it on the terms and subject to the conditions set out in the Tender Offer Memorandum."



(*) The Company reserves the right, in its sole and absolute discretion and for any reason, to significantly increase or decrease the Maximum Acceptance Amount and/or to accept significantly less than or more than the Maximum Acceptance Amount (or not to accept any Notes) for purchase pursuant to the Invitation.


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"Rationale for the Invitation


The Invitation and the proposed issue of the New Notes is being made as part of the Company’s pro-active management of its liabilities. Notes purchased by the Company pursuant to the Invitation will be cancelled and will not be reissued or resold. Notes which have not been validly submitted and/or accepted for purchase pursuant to the Invitation will remain outstanding after the Settlement Date."


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