Immobiliare Grande Distribuzione SIIQ S.p.A. (“IGD” or the “Company”), pursuant to condition 7(c) (Redemption at the option of the Issuer) of the terms and conditions of the notes denominated “€300,000,000 2.500 per cent. Notes due 31 May 2021” (ISIN: XS1425959316) (the “Notes”), currently outstanding for an aggregate principal amount equal to Euro 70,793,000, today has published a notice addressed to the holders of the Notes informing that the Company exercised its option to early redeem the Notes. Accordingly, the Notes will be redeem in full on 1 March 2021. Following such redemption, the Notes will be cancelled. This transaction falls within the financial strategy of the Company, as previously communicated.
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