Following the press release of 12 February 2019 with which Astaldi S.p.A. (the “Company”) announced to the market the issuance of the notes denominated “Euro 75,000,000.00 Super-senior Secured PIYC Floating Rate Notes due 12 February 2022” (the “Notes”) fully subscribed by certain affiliates of Fortress Credit Corp. (the “Subscribers”) and secured by a security package comprising of, inter alias, assignments by way of security or pledges (granted either by the Company or its subsidiary) over certain claims subject to litigation or arbitration and other receivables in respect of works carried out vis-à-vis Italian and foreign counterparties (the “Receivables Securing the Notes”), the Company, also in the light of certain information commitments of the Company vis-à-vis the Subscribers, informs that the sums resulting from the collection of said Receivables Securing the Notes are forecast to amount to approximately EUR 365 million over the period 2019-2021, thus until the maturity of the Notes.
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IMPORTANT: THIS NOTICE IS NOT AN OFFER OR AN INVITATION TO BUY OR SELL SECURITIES.
The information contained in this notice does not purport to be comprehensive nor has been independently verified by any third party. Neither the Company nor any of their respective affiliates, directors, officers, advisers, agents or employees, nor any other person shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this notice or its contents or otherwise arising in connection with this notice. This notice contains forward-looking statements that are not historical facts. By their nature, forward-looking statements are based upon various assumptions, expectations, projections, provisional data, many of which are based, in turn, upon further assumptions, including, without limitation, examination of historical operating trends and other data available from third parties. Projections, estimates and targets presented herein are based on information available to the Company as at the date of this notice. No representation or warranty is given as to the achievement, confirmation or reasonableness of, and no reliance should be placed on, any valuations, forecasts, estimates, opinions and projections contained in this notice. Except for any obligation to disclose material information as required by the relevant regulations, the Company does not have any intention or obligation to publicly update or revise any forward-looking statements after the date of this notice, whether to reflect any future events or circumstances or otherwise. All of the above factors should be considered by readers in forming their own opinions.
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