BRIEF-FC Porto Closes 115 Mln Euro Notes Issuance

Reuters

2024-11-15

Nov 14 (Reuters) - Futebol Clube do Porto Futebol SAD

:

* CLOSES NOTES ISSUANCE VIA PRIVATE PLACEMENT WITH U.S. INVESTORS, TOTALING 115 MILLION EUROS

* PROCEEDS TO BE USED TO REFINANCE EXISTING DEBT OF AND FOR GENERAL CORPORATE PURPOSES

* NOTES, ISSUED BY DRAGON NOTES HAVE A 25-YEAR TERM AND A FIXED ANNUAL COUPON RATE OF 5.62%

Source text: Further company coverage:

(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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