BENI STABILI SPA Beni Stabili appoints banks for investor meetings related to potential bond issue

Transparency directive : regulatory news

28/09/2017 10:02

Beni Stabili appoints banks for investor meetings related to potential bond
issue

Milan: September 28th, 2017

Beni Stabili announces that it is planning to arrange in the immediate future
a series of meetings with fixed income investors across Europe in order to
evaluate the opportunity to issue Euro denominated senior unsecured notes,
subject to market conditions and Board of Directors' approval.

The potential issue would not be convertible into shares of Beni Stabili and
would be reserved exclusively to institutional investors, it would target a
minimum amount of Euro 300 million and a tenor between 5 and 7 years. The
envisaged transaction would be intended as part of the company's funding
diversification strategy, in line with its strategic guidelines and the
obtainment of a credit rating from Standard & Poor's (which is of BBB-, with a
Stable outlook), announced earlier this year.

Beni Stabili has appointed Banca IMI, BNP Paribas, Crédit Agricole CIB,
Société Générale CIB and UniCredit to arrange the investor meetings and as
Joint Lead Managers on the potential Issue.

This press release is not, and is not part of, an offer or sale of securities
to the public or a solicitation to purchase or sell securities, and there will
be no offer of securities or solicitation to sell or purchase securities in any
jurisdiction where such offer or solicitation would be forbidden by the law.

No action has been taken by Beni Stabili, the aforementioned banks or any of
their respective affiliates that would permit an offering of the securities or
possession or distribution of this press release or any publicity material
relating to the securities in any jurisdiction where action for such purposes
is required. Persons into whose possession this press release comes are
required to inform themselves about and to observe any such restrictions.

This press release shall not be distributed, whether directly or indirectly, in
the United States of America (as defined in Regulation S contained in the US
Securities Act of 1933, as subsequently amended - "US Securities Act") or in
any other country where the offer or the sale would be forbidden by the law.

The securities mentioned in this press release have not been and will not be
registered under the US Securities Act and may not be offered or sold in the
United States of America without a registration or a specific exemption from
registration under the US Securities Act. No offers of the securities to the
public or solicitation to sell or purchase securities shall be made in the
United States of America or in any other country.

For more information:

Beni Stabili Siiq
Investor Relations -
Barbara Pivetta - +39.02.3666.4630 - barbara.pivetta@benistabili.it
Media Contact -
Barbara Ciocca - + 39.02.3666.4695 - barbara.ciocca@benistabili.it

SEC and partners Srl
Matteo Steinbach - +39.346.1063989 - steinbach@secrp.com
Michele Calcaterra - + 39. 335.461985 - calcaterra@secrp.com

Beni Stabili Siiq, a leading property company in the Italian real estate sector

Beni Stabili is the leading property player in the Italian real estate market
with total assets of over 4bn euro. Our assets portfolio is sited in key
locations of North and Central Italy's major cities and consist mainly of
offices. We pursue the appreciation of our assets to increase profitability
and create value for our clients, partners and shareholders.

As a major player in office investment and development, we foster pioneering
solutions to improve the environmental performance of our buildings for the
well-being of our clients' employees. With this is mind we are developing in
Milan a new business area dedicated to smart working: Symbiosis.

Beni Stabili is listed on the Milan and Paris Stock Exchanges and operates
through its main offices of Milan and Rome. Beni Stabili belongs to the
Foncière des Régions group, a leading real estate player in Europe who owns
and manage an 18bn euro portfolio located in the most attractive metropolitan
cities of France, Germany and Italy.

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