ITALY: Ducati Motor Holding Approves 100 Million Euro Bond Issuance
Ducati Motor Holding S.p.A. (NYSE: DMH, Milan's Telematico: DMH), a leading manufacturer of high performance motorcycles, today announced that the Board of Directors approved a Euro bond issue of 100 million Euros. The tenor of the bonds will be 5 years with repayment at maturity. The pricing and the coupon will be determined at a later date. The bonds be offered only to institutional investors in Italy and outside of Italy, with the exclusion of the U.S., and will be listed on the Luxembourg Stock Exchange.
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