Pursuant to article 82 of Law 24/1988, of July 28, on the Securities Market (Ley 24/1988, de 28 de julio, del Mercado de Valores) and related provisions, we are pleased to inform you that Iberdrola, S.A. (“Iberdrola”), through its subsidiary Iberdrola International B.V., has closed as of the date hereof an issuance of notes in the euromarket guaranteed by Iberdrola, for an amount of 500 million euro (the “Notes”).
The Notes mature on January 2022, have an annual coupon of 3.00 % and are being issued at a price of 99.128 % of their nominal value.
The issuance of the notes has been managed by Citigroup Global Markets Limited and distributed by Banca IMI S.p.A, Citigroup Global Markets Limited, Crédit Agricole Corporate and Investment Bank, ING Bank N.V. and Mizuho International plc.
The Notes, in whole or in part, will be exchanged for some of the notes issued by Iberdrola Finanzas, S.A. Unipersonal, with the irrevocable and unconditional guarantee of Iberdrola, which Citigroup Global Markets Limited had acquired as a result of a tender offer made by such entity on the date hereof, in accordance with the terms and conditions set forth in a Tender Offer Memorandum dated 30 October 2013.
For more information, click here