03/16/2011
5.16 p.m.
Press Release
Increase in maximum nominal amount of bond issues.
On March 16 2011, Ennio Doris, Chief Executive Officer of Mediolanum S.p.A. resolved, pursuant to the authorization given to him by the Board of Directors of Mediolanum S.p.A. on March 1, 2011, to increase the maximum nominal value of the bonds that were resolved upon the day of the Board meeting.
Specifically, the maximum nominal value of both “Fixed Rate” and “Floored Floating Rate” issues, originally set at a total of 50 million euro, was raised to 100 million euro, following the positive trend in subscriptions seen in the first few days after the placement. All other characteristics are unchanged.
The following is a reminder of the most significant characteristics of the two bonds:
Fixed Rate BondMaximum total amount: 50 million euro
Minimum subscription amount: 50,000 euro per investor or per each separate issue
Principal repayment: in a lump sum at maturity
Coupons: biannual, corresponding to 3.5% gross annual yield
Settlement date: April 29, 2011
Maturity date: April 29, 2014
Floored Floating Rate BondMaximum total amount: 50 million euro
Minimum subscription amount: 50,000 euro per investor or per each separate issue
Principal repayment: in a lump sum at maturity
Coupons: biannual, corresponding to 6M-EURIBOR plus a 1.0% spread, with a minimum (floor) of 3.0% gross annual yield
Settlement date: April 29, 2011
Maturity date: April 29, 2014
Basiglio, March 16, 2011
