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News/ FINEP is entering the Czech capital market

FINEP is entering the Czech capital market

FINEP is entering the Czech capital market

6.12.2016

The FINEP group authorized UniCredit Bank Czech Republic and Slovakia, Inc. as the lead manager for issuing secured bonds in the total estimated volume of CZK 201 mil. maturing in June 2020.

The bonds will have a fixed yield of 3.75 % p. A. and the issue date is set for 19 December 2016. The bonds will be issued by FINEP BARRANDOV ZÁPAD k.s. "The lead manager will be offering the bonds to both professional and selected retail customers. The nominal value of each bond is set at CZK 3 mil. The subscription will open as of today, i.e. 6 December 2016," comments Štěpán Havlas, CFO at the Czech FINEP, on the bond issue.
The bonds will be issued as registered securities in the Central Securities Depository after an approval of a prospectus; these are expected to be admitted for trading on the regulated market of the Prague Stock Exchange.

"Funds from the bond issue will be invested in new development projects of FINEP in the next term," says Štěpán Havlas, CFO at the Czech FINEP.
Note: This information does not constitute an offer to purchase nor a solicitation of an offer to purchase bonds or other securities from the FINEP group. This is a promotional information and not a prospectus within the meaning of the Act no. 256/2004 Coll., on Capital Market, as amended, or of the Prospectus Directive of the European Parliament and of the Council no. 2003/71/EC, as amended. Valid and binding final terms of the transactions described in this information will be duly published in the bond prospectus and the potential investors cannot subscribe to or otherwise acquire bonds or other securities of the FINEP group solely on the basis of this information. The bond prospectus is subject to an approval of the Czech National Bank and will be published without any undue delay after such an approval at the respective websites of the FINEP group, or in another way as allowed by the law.

This information is not intended for distribution, whether direct or indirect, in the territory of the United States or to persons who are residents of the United States (with the meanings of these terms pursuant to the S Regulation issued in accordance with the 1933 Securities Act of the United States)."