Juve capital increase, OFFICIAL: 400 million by the end of 2021, agreement with 4 banks. The details | First page

Juve capital increase, OFFICIAL: 400 million by the end of 2021, agreement with 4 banks. The details | First page
Juve capital increase, OFFICIAL: 400 million by the end of 2021, agreement with 4 banks. The details | First page
Juve continues with the capital increase. After the announcement of the entry of 400 million euros, the Juventus club confirmed that Exor has signed the portion of the capital increase pertaining to it and has announced the agreement with four banking institutions.

THE ANNOUNCEMENT – “Following what was communicated on 30 June 2021, Juventus Football Club SpA (” Juventus “or the” Company “) announces that, in the context of the proposed capital strengthening through a capital increase in option up to a maximum of Euro 400 million (the “Capital Increase”), Goldman Sachs International, JP Morgan AG, Mediobanca – Banca di Credito Finanziario SpA and UniCredit Corporate & Investment Banking agiranno in qualità di joint global coordinators (i “Joint Global Coordinators”) e joint bookrunners.

The Joint Global Coordinators today signed a so-called pre-underwriting agreement with the Company pursuant to which they undertook – under conditions in line with market practice for similar transactions – to enter into a guarantee agreement (so-called underwriting agreement ) for the subscription and release of the newly issued shares which should not be subscribed at the end of the unexercised rights auction. In this regard, as already communicated on 30 June 2021, it should be noted that the majority shareholder, EXOR NV (which currently holds 63.8% of the share capital of Juventus), has undertaken to subscribe the portion of the Capital Increase of own relevance.

Subject to the occurrence of favorable market conditions, the approval of the Capital Increase by the competent corporate bodies and the issue of the necessary authorizations by the competent Authorities, the Capital Increase is expected to be carried out by the end of 2021“.

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