ARTEA Extends the Maturity of Its Bond Issue to 2029
ARTEA announces that the general assembly of the holders of its bond issue has approved the extension of the maturity date originally set for March 16, 2026, to March 16, 2029. This decision is contingent upon the launch of an exchange offer allowing bondholders to convert their existing securities into a new bond issue.
Approval of Maturity Date Extension
Holders of the Existing Bonds have approved the extension of the maturity date from March 16, 2026, to March 16, 2029. This agreement is conditional upon the company launching, no later than February 24, 2026, an exchange offer for all or part of the Existing Bonds against a new bond issue with a total maximum amount of 28,749,000 euros, bearing a fixed interest rate and maturing on March 13, 2029.
Security Features of the New Bonds
The New Bonds will be secured by guarantees that may take the form of pledges of shares of the company's subsidiaries and/or shares of the company itself. The launch of the exchange offer will be subject to a subsequent communication by the company.
