Between November and December 2015 Officine Maccaferri SpA has repurchased Euro 10 million aggregate principal amount of its Senior Notes for Euro 9,4 million cash
Andrea Marazzi, CEO, commented, “We are very pleased with the execution of this transaction.
This represents a significant first step in reducing Officine Maccaferri ‘s financial indebtedness and improving the balance sheet. In this transaction we repurchased Euro 10 million of senior notes ”. This transaction is part of the strategy of reducing leverage and interest burden for the group.