Ferrari N.v. Places Eur 150 Million in Bonds With U.s. Private Investors, Due 2032

Maranello (Italy), 29 July 2021 Ferrari N.V. (NYSE/MTA: RACE) (Ferrari or the Company) today announced that it has completed a private placement to certain US institutional investors of EUR 150 million aggregate principal amount of 0.91% senior notes due 2032 (the Notes).

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GlobeNewswire, Inc.GlobeNewswire, Inc.
Retrieved on: 
Thursday, July 29, 2021
Information
Tags: 
Cars, Auto racing, Motor vehicles, Ferrari, Maranello, Sports cars, Pininfarina
Geotags: 
Maranello, , It, US, ITALY
Organisation: 
FERRARI N.V.
Summary
Key Points: 
  • Maranello (Italy), 29 July 2021 Ferrari N.V. (NYSE/MTA: RACE) (Ferrari or the Company) today announced that it has completed a private placement to certain US institutional investors of EUR 150 million aggregate principal amount of 0.91% senior notes due 2032 (the Notes).
  • The net proceeds from the offering will be used towards general corporate purposes.




Maranello (Italy), 29 July 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announced that it has completed a private placement to certain US institutional investors of EUR 150 million aggregate principal amount of 0.91% senior notes due 2032 (the “Notes”).

The net proceeds from the offering will be used towards general corporate purposes.

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