18 July 2024
Italian tanner Rino Mastrotto has announced the successful placement of €320 million in high-yield market bonds with a variable interest rate. By ILM.
The bonds will mature in 2031, with issuance and settlement scheduled for July 22, 2024. The company also submitted a request for inclusion on the official list of the Luxembourg Stock Exchange, with admission to trading on the Euro MTF Market.
CEO Matteo Mastrotto said: “We are proud of the excellent result achieved by Rino Mastrotto in its first bond issuance on the capital market. The significant interest in the operation from Italian and international investors is further recognition of the results achieved by our company in over 60 years of history and confirms the strength of our business model based on excellent craftsmanship and unique technologies.”
We bring leather, material and fashion businesses together: an opportunity to meet and greet face to face. We bring them from all parts of the world so that they can find fresh partners, discover new customers or suppliers and keep ahead of industry developments.
We organise a number of trade exhibitions which focus on fashion and lifestyle: sectors that are constantly in flux, so visitors and exhibitors alike need to be constantly aware both of the changes around them and those forecast for coming seasons.
