Ferrari Pricing of Issue of Notes
Ferrari(RACE) Newsfilter·2024-05-15 00:36
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%. The proceeds of the issue will be used for general corporate purposes. Banco Santander S.A., BNP Paribas, Citigroup Global Markets Europe AG, Crédit Agricole Corporate & ...