Milano , 09 June 1999 - Autogrill closed the Euro 350 million zero coupon convertible bond offering, (called LYONs™ in the international financial markets) launched yesterday morning. The initial conversion price per share is Euro 14.3, representing an initial conversion premium per share of 30.12% on yesterday official price, with a yield to maturity of 2.00%, 160 basis point lower than the 5-year BTP yield. Merrill Lynch International is Sole Manager and Global Co-ordinator of the Offering. The bonds have been sold to Italian and European institutional investors.
The company Autogrill S.p.A. was merged into the company World Duty Free S.r.l. effective as from November 1st, 2023 .
At the same time, the company World Duty Free S.r.l. was transformed into a joint-stock company with the name World Duty Free S.p.A..