Campaign ended on 11 October 2024.
Issuance of Mota-Engil Sustainability-Linked Bonds 2024–2029 (“Mota-Engil 2029 Bonds”)
Mota-Engil, SGPS, S.A. (“Mota-Engil”) is carrying out an issuance of Mota-Engil 2029 Bonds, with a fixed annual interest rate of 5%*, a unit nominal value of €250, and an initial aggregate nominal amount of up to €50,000,000. This amount may be increased at Mota-Engil’s option up to and including 9 October 2024 (in which case an addendum to the prospectus, approved by the CMVM, will be published and made available at www.cmvm.pt, www.mota-engil.com, and other locations where the prospectus is available).
The issuance is being carried out through (i) a public subscription offer (“Subscription Offer”); and (ii) a public exchange offer addressed to holders of bonds representing the bond loan entitled “Mota-Engil 2019/2024 Bonds”, ISIN PTMENXOM0006 (“Mota-Engil 2024 Bonds”) (“Exchange Offer” and, together with the Subscription Offer, the “Offers”).
You may subscribe to the Mota-Engil 2029 Bonds and/or exchange the Mota-Engil 2024 Bonds between 8:30 a.m. on 30 September 2024 and 3:00 p.m. on 11 October 2024, through the Subscription Offer and/or the Exchange Offer, if you are a holder of Mota-Engil 2024 Bonds.
The Mota-Engil 2029 Bonds are sustainability-linked, as Mota-Engil has committed to act in a manner that promotes the improvement of one key performance indicator (“KPI”) — the percentage of local talent in management positions — with the aim of achieving a sustainability performance target (“SPT”) by reference to 31 December 2028.
In the Subscription Offer, the subscription price per Mota-Engil 2029 Bond is €250, with a minimum investment of €2,500 (corresponding to 10 Mota-Engil 2029 Bonds).
In the Exchange Offer, the subscription is carried out through the exchange of Mota-Engil 2024 Bonds for Mota-Engil 2029 Bonds, whereby for each Mota-Engil 2024 Bond (with a unit nominal value of €250), one Mota-Engil 2029 Bond (with a unit nominal value of €250) will be delivered as consideration. In addition, accrued interest will be paid in respect of the Mota-Engil 2024 Bonds accepted for exchange, calculated from 30 April 2024 (inclusive) up to, but excluding, the Issue Date, in the amount of €5.04340278 per Mota-Engil 2024 Bond. Such payment is subject to taxes, fees and other charges.
GNAR: Gross Nominal Annual Rate (subject to Mota-Engil’s credit risk and to the applicable tax regime. Please request from your financial intermediary a simulation of net returns, after taxes, fees and other charges).
Note:
Please be advised that on 9 October 2024, Mota-Engil, SGPS, S.A. (“Mota-Engil” or the “Issuer”) decided to increase the maximum number of bonds representing the bond loan entitled “Mota-Engil Sustainability-Linked Bonds 2024–2029” (“Mota-Engil 2029 Bonds”) subject to the public subscription offer (the “Subscription Offer”), as referred to in the prospectus for the public offer and admission to trading on Euronext Lisbon, managed by Euronext Lisbon – Sociedade Gestora de Mercados Regulamentados, S.A., relating to the aforementioned bond loan.
The prospectus was approved and published by the Portuguese Securities Market Commission (Comissão do Mercado de Valores Mobiliários – “CMVM”) on 25 September 2024 (the “Prospectus”). As a result, the maximum number of bonds was increased to up to 320,000 bonds, and the corresponding aggregate nominal amount was increased to up to €80,000,000.
For further information, please refer to the Addendum to the Prospectus.
Warnings:
This information does not replace consultation of the prospectus available at http://www.mota-engil.com and at www.cmvm.pt. The prospectus was approved by the CMVM on 25 September 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 Mota-Engil 2029 Bonds. Potential investors should read the prospectus before making any investment decision, in order to fully understand the potential risks and benefits associated with investing in the Mota-Engil 2029 Bonds.
This information does not constitute a securities offer by Banco Finantia, nor an invitation by Banco Finantia to subscribe for and/or exchange securities, 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 should be made only after an independent assessment of Mota-Engil’s economic condition, financial position and other relevant factors.
Information and Documents
