FS Italiane closed a new private placement with Eurofima, which subscribed Euro 200 million floating rate note due in October 2034.
FS' Board of Directors approved the new issue of debt through bonds and other funding instruments for a maximum amount of 1 billion and 780 million of euro. The proceeds will finance the FS Group capex for 2020.
The Ferrovie dello Stato Italiane Board of Directors approved today the company’s annual financial report, including the consolidated financial statements of the Group as of 31st December 2019.
FS Italiane issued two private placements (series 12 e series 13) off the 7 billion EMTN Programme listed on the Irish Stock Exchange and updated in London on 17 December 2019.
Source: 2019 Annual Report Highlights