Campaign ended on 15 May 2024
In the year that the Vista Alegre brand celebrates its 200th anniversary, VAA – Vista Alegre Atlantis, SGPS, S.A. (“Vista Alegre”) is proceeding with the issuance of Vista Alegre 2029 Bonds through a public subscription offer (“Offer”).
The Vista Alegre 2029 Bonds have a unit nominal value of €500 and a fixed annual interest rate of 5.30%*. The Offer has an initial total amount of up to €45,000,000, which may be increased at Vista Alegre’s option until 13 May 2024, inclusive, through the publication of an addendum to the prospectus to be approved by the CMVM and made available at www.cmvm.pt, at https://investidores.vistaalegre.com, and at other locations where the prospectus is available.
The Vista Alegre 2029 Bonds are sustainability-linked, in that if Vista Alegre does not meet the sustainability performance target related to the key performance indicator (Tonnes of Oil Equivalent (toe) / Tonnes of good pieces) (“KPI”) by 31 December 2028 (“SPT”), or if the KPI value as of 31 December 2028 is not confirmed through an independent external verification statement published on Vista Alegre’s website by 20 April 2029 (https://investidores.vistaalegre.com/pt/home), Vista Alegre will pay an additional remuneration of €1.25 per Vista Alegre 2029 Bond on 20 May 2029, subject to the Following Business Day Convention (“Redemption Date”).
You may subscribe to the Vista Alegre 2029 Bonds between 8:30 a.m. on 2 May 2024 and 3:00 p.m. on 15 May 2024, through the Offer.
The subscription price per Vista Alegre 2029 Bond is €500, with a minimum investment of €2,500 (corresponding to 5 Vista Alegre 2029 Bonds).
* GNAR: Gross Nominal Annual Rate (subject to Vista Alegre’s credit risk and the applicable tax regime. Request Banco Finantia for a simulation of net yield, after taxes, fees, and other charges).
Note:
Notice is given that VAA – Vista Alegre Atlantis, SGPS, S.A. (the “Vista Alegre” and/or “Issuer”) has (i) decided, on 9 May 2024, to increase the maximum number of bonds representing the bond loan named “Vista Alegre 2024‑2029 Bonds” (“Vista Alegre 2029 Bonds”), referred to in the prospectus for the public subscription offer and admission to trading on the regulated market Euronext Lisbon, managed by Euronext Lisbon – Sociedade Gestora de Mercados Regulamentados, S.A., approved and published by the Portuguese Securities Market Commission (“CMVM”) on 29 April 2024 (the “Prospectus”), to up to 120,000 bonds and, consequently, to increase the corresponding total nominal amount to up to €60,000,000, and (ii) updated the information contained in the Prospectus following the notice convening the Issuer’s shareholders to the Annual General Meeting on 23 May 2024, as published in the CMVM information dissemination system on 30 April 2024.
Warnings:
This information does not replace consultation of the prospectus, available at https://investidores.vistaalegre.com and www.cmvm.pt. The prospectus was approved by the CMVM on 29 April 2024, in its capacity as the competent authority under Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017. Approval of the prospectus by the CMVM should not be understood as an endorsement of the Vista Alegre 2029 Bonds. Prospective investors should read the prospectus before making an investment decision, in order to fully understand the potential risks and benefits associated with investing in the Vista Alegre 2029 Bonds.
This information does not constitute an offer of securities by Banco Finantia, nor an invitation to subscribe for securities by Banco Finantia, nor a solicitation of investment intentions in securities by Banco Finantia. Any investment decision should be based on an analysis of the Offer documentation as a whole and made following an independent assessment of the economic condition, financial situation, and other relevant factors concerning Vista Alegre.
Banco Finantia is registered with the Banco de Portugal under number 48 and with the Portuguese Securities Market Commission (CMVM) under number 109.
Information and Documents:
