UniCredit

Ferrari Pricing of Issue of Notes

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火曜日, 5月 14, 2024
Application, J. P. Morgan, Mediobanca, Investment banking, Official List, Joint, BNP Paribas, Note, UniCredit, Security (finance)

Maranello (Italy), 14 May 2024 – Ferrari N.V. (NYSE/EXM: RACE) (the “Issuer”) today announces the pricing of a Euro 500 million issue of notes due in May 2030 (the “Notes”), being well over two times oversubscribed.

Key Points: 
  • Maranello (Italy), 14 May 2024 – Ferrari N.V. (NYSE/EXM: RACE) (the “Issuer”) today announces the pricing of a Euro 500 million issue of notes due in May 2030 (the “Notes”), being well over two times oversubscribed.
  • The issue price of the Notes is equal to 99.677% of their principal amount and the Notes have a fixed annual coupon of 3.625%.
  • Application has been made for the Notes to be admitted to the Official List of Euronext Dublin and to trading on the regulated market of Euronext Dublin.
  • Settlement and issue of the Notes are expected to occur on 21 May 2024.

XGEN Venture Announces €160 million First Life Science Fund

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木曜日, 5月 23, 2024
Other Health, Research, General Health, Professional Services, Oncology, Medical Devices, Science, Cardiology, Biotechnology, Finance, Other Science, Health, Patient, ESG, Venture, ALMA, Banco BPM, SFDR, Cancer, UniCredit, Therapy, CDP, Banca Sella Group, Venture capital, LP record, Pharmaceutical industry

XGEN Venture – a newly formed Venture Capital firm - announces its first fund, XGEN Venture Life Science Fund, with €160 million in subscriptions.

Key Points: 
  • XGEN Venture – a newly formed Venture Capital firm - announces its first fund, XGEN Venture Life Science Fund, with €160 million in subscriptions.
  • Launched in December 2022, the fund will continue its fundraising efforts towards a final target of €200 million.
  • The three partners were the first in Italy to specialize in life science venture capital investments, successfully investing over €200 million in early stage startups.
  • The founding partners, the venture partners and the team members have all invested in the fund, with a total GP commitment of 2.5% of the total fund.

EQS-News: CPI PROPERTY GROUP – High Demand for Recent Green Bond

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金曜日, 5月 10, 2024
Goldman Sachs, Euronext Dublin, Barclays, CPI, SMBC, Erste Group, UniCredit, Raiffeisen Bank International, Security (finance)

CPI PROPERTY GROUP (“CPIPG” or the “Company”), a leading European landlord, is pleased to announce the closing of €500 million of 5-year senior unsecured green bonds.

Key Points: 
  • CPI PROPERTY GROUP (“CPIPG” or the “Company”), a leading European landlord, is pleased to announce the closing of €500 million of 5-year senior unsecured green bonds.
  • More than €3 billion of orders were placed for the green bonds, the strongest-ever response to a bond issue by CPIPG.
  • With a six times oversubscribed orderbook, CPIPG was able to reduce the cost significantly from initial guidance to pricing.
  • The green bonds, issued under the Company’s Euro Medium-Term Note Programme, are rated Baa3 by Moody’s and BBB- by Standard & Poor’s.

EQS-News: Strong financial foundation: DOUGLAS Group reduces net debt by 1 billion euros and increases financial flexibility

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金曜日, 5月 3, 2024
CFO, KIRK, Investment, RCF, Growth, SUN, Christmas, UniCredit, IPO, Frankfurt Stock Exchange, ANY, AN, LTM, Calendar, Security (finance)

In a second step, with today’s drawing of 1.3 billion euros under the new financing of in total 1.6 billion euros, the Group now redeemed the remaining existing financial indebtedness.

Key Points: 
  • In a second step, with today’s drawing of 1.3 billion euros under the new financing of in total 1.6 billion euros, the Group now redeemed the remaining existing financial indebtedness.
  • “With this important step, we have established a strong financial foundation for the coming years,” said Mark Langer, CFO of the DOUGLAS Group.
  • The DOUGLAS Group has further secured a revolving credit facility (RCF) of 350 million euros, of which 50 million euros had been drawn today.
  • The DOUGLAS Group accelerated its growth trajectory in the recently completed second quarter of the financial year 2023/24.

EQS-News: Final offer price for DOUGLAS AG shares set at 26.00 euro per share

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水曜日, 4月 10, 2024
Deutsche Bank, Citigroup, RBI, Growth, Frankfurt Stock Exchange, Goldman Sachs, WKN, UBS, Intesa Sanpaolo, UniCredit, IPO, BNP Paribas, Investment, Jefferies, LBBW, CVC Capital Partners, DOU, Security (finance)

CVC Capital Partners and the Kreke family remain main indirect shareholders after the IPO and do not sell any shares at the IPO.

Key Points: 
  • CVC Capital Partners and the Kreke family remain main indirect shareholders after the IPO and do not sell any shares at the IPO.
  • The total offer size amounts to around 890 million euro with gross proceeds for DOUGLAS AG of around 850 million euro, which corresponds to a market capitalization of DOUGLAS AG of around 2.8 billion euro.
  • Sander van der Laan, CEO DOUGLAS Group, said: “The significant investor interest in the DOUGLAS Group underlines the exceptional work our team has accomplished in recent months.
  • The shares of DOUGLAS AG are expected to be trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange from March 21, 2024, on.

EQS-News: Supervisory Board of ProCredit Holding AG extends contract of Management Board Chair Hubert Spechtenhauser ahead of schedule by a further year

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水曜日, 4月 10, 2024
Corporation, Risk management, Supervisory board, Trust, ProCredit Holding, Frankfurt, Capital market, Orientation, Landesbank, UniCredit, Management

Frankfurt am Main, 19 March 2024 - The Supervisory Board of ProCredit Holding AG decided today to extend the contract of Management Board Chair Hubert Spechtenhauser ahead of schedule by a further year until end-February 2026.

Key Points: 
  • Frankfurt am Main, 19 March 2024 - The Supervisory Board of ProCredit Holding AG decided today to extend the contract of Management Board Chair Hubert Spechtenhauser ahead of schedule by a further year until end-February 2026.
  • The Supervisory Board is committed to continuity in the management of the ProCredit group and, with this staffing decision, has reaffirmed its recognition of successful strategic management and the achievement of excellent business results.
  • "As Chair of the Management Board, Hubert Spechtenhauser has driven the development of the ProCredit group in a convincing manner.
  • We wish him and the entire Management Board continued success," said Rainer Ottenstein, Chair of the Supervisory Board of ProCredit Holding AG.

HONEYWELL TO ACQUIRE CIVITANAVI SYSTEMS TO STRENGTHEN AUTONOMOUS OPERATIONS OFFERINGS IN AEROSPACE AND EXPAND EUROPEAN FOOTPRINT

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水曜日, 3月 27, 2024
Automation, Growth, Currier, CNS, History, Bird & Bird, Acquisition, Aviation, UniCredit, Fibre-optic gyroscope, European, Aircraft, Advanced Air Mobility, Orientation

The acquisition will further strengthen Honeywell's capabilities to help its customers create autonomous operations in aircraft and other vehicles.

Key Points: 
  • The acquisition will further strengthen Honeywell's capabilities to help its customers create autonomous operations in aircraft and other vehicles.
  • It also supports Honeywell's alignment of its portfolio around three compelling megatrends, including the future of aviation and automation.
  • Civitanavi's product offerings of inertial navigation, geo reference and stabilization systems will complement technologies in Honeywell's existing navigation and sensors business.
  • Bird & Bird is acting as legal counsel to Honeywell in the acquisition process, while UniCredit is acting as financial advisor.

Business as usual: bank climate commitments, lending, and engagement

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火曜日, 4月 2, 2024
Smoke, Carbon, Pillar, Worldwide, BPER, Employment, Disclosure, Economic methodology, LEI, Research Papers in Economics, CGD, Ibercaja Banco, Fossil, Mediobanca, Policy, UNEP, Crédit Mutuel, BBVA, Columbia Business School, Pari, Corporate finance, NBER, Principle, Agriculture, Société Générale, Insurance, Allied Irish Banks, Medical classification, Aluminium, Becker, Feedback, Central bank, Triodos Bank, Target, Prosocial behavior, Journal of Financial Economics, European Parliament, MIT, R2, Website, Behavior, Poisson, Human, UN, Climate, Crédit Agricole, United Nations, Transport, Coal mining, Syndicated loan, Investment, ABN AMRO, Politics, BSI, OLS, PDF, ECB, Unemployment, Econometrics, Ambition, Clutch (eggs), IEA, Social science, Engagement, JEL, Climate change, Risk management, Yb, Bias, Abanca, Research, Classification, UniCredit, A.5, NZIA, Divestment, Literature, IPCC, European Central Bank, AA, Geography, Natural gas, Green lending, Metal, The Borrowers, Elasticity, Stanford Social Innovation Review, Steven M. Greer, BMPS, Finance, Risk, Single, CaixaBank, PPML, BNP Paribas, European, Money, NLB Group, La Banque postale, Corporate welfare, Paris Agreement, A.2, ROW, OECD, Fraud, Coal, Frustration, Iron, Commerzbank, Bank of Åland, COP, Comparison, Overalls, All, Temperature, Banca Ifis, Conference, Pressure, Steel, International Energy Agency, United, Alpha Bank, Interest, SSRN, Justice, AAA, Deutsche Bank, Crawford, Science Based Targets initiative, GFANZ, Quarterly Journal, Rabobank, Hirschman, Effect, Carbon Disclosure Project, ESG, MSCI, Support, NZBA, Sierra Club, Map, Taxonomy, Q50, Banco Sabadell, Financial Times, Banco BPM, BPCE, Reproduction, Erste Group, Data, G21, Interval (mathematics), Cardboard
Key Points: 

    EQS-News: DOUGLAS Group plans Initial Public Offering (IPO) on Frankfurt Stock Exchange

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    水曜日, 3月 13, 2024
    Jefferies, Senior, Supervisory board, Deutsche Bank, Note, LFL, Growth, Bloom, UBS, ESG, CVC Capital Partners, IPO, Net income, UniCredit, LBBW, Banca Intesa, Economics, Goldman Sachs, Regulated market, RBI, Citigroup, Frankfurt Stock Exchange, BNP Paribas, PIK

    DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, plans a public listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange

    Key Points: 
    • DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, plans a public listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange
      IPO would accelerate the debt reduction and decrease the interest expenses of the company, thus enlarging the financial flexibility of the DOUGLAS Group and its further value creation
      Sander van der Laan, CEO DOUGLAS Group: “The DOUGLAS Group is ideally positioned to further capitalize on the large and resilient European premium beauty market.
    • The offering would comprise a public offering to individual and institutional investors in Germany as well as international private placements.
    • Following the completion of the IPO, CVC Capital Partners will continue to hold an indirect majority interest in DOUGLAS Group.
    • In the mid-term, the DOUGLAS Group has the ambition to grow group sales (net) at a CAGR of around 7%.

    EQS-News: Delivery Hero successfully completes syndication of USD financing transaction to optimize its capital structure

    Retrieved on: 
    水曜日, 3月 13, 2024
    CFO, Standard Chartered, USD, Delivery, J. P. Morgan, Delivery Hero, EUR, Morgan Stanley, Goldman Sachs, Barclays, ING, HSBC, UniCredit, Security (finance)

    Delivery Hero intends to use at least EUR 300 million of the US Dollar Term Facility to repurchase selected outstanding convertible bonds due in 2025 and 2026.

    Key Points: 
    • Delivery Hero intends to use at least EUR 300 million of the US Dollar Term Facility to repurchase selected outstanding convertible bonds due in 2025 and 2026.
    • Emmanuel Thomassin, CFO of Delivery Hero, said: "We are very pleased with the strong reception of our financing transaction in the debt capital markets.
    • UniCredit, HSBC, Barclays, Goldman Sachs, Morgan Stanley, ING and Standard Chartered acted as Joint Lead Arrangers on the US Dollar Term Facility.
    • White & Case LLP acted as legal advisor to Delivery Hero and Milbank LLP acted as legal advisor to the arrangers.