As a follow-up to the press release published on 24 October 2019, Luxottica Group S.p.A. (“Luxottica”) and EssilorLuxottica announce the approval of the general meeting of bondholders to transfer the Bonds from Luxottica to EssilorLuxottica.
By Luxus Plus
The bonds issued by Luxottica in 2014, maturing on February 10, 2024, are valued at 2.625% for a total amount of 500,000,000 euros (ISIN code: XS1030851791).
This announcement is simultaneous with the release of the guarantors’ obligations under the Bonds and certain other amendments to the terms and conditions of the Bonds, as set out in full in a “Consent Solicitation Memorandum” dated 24 October 2019.
A copy is available in the “Consent Solicitation” section of Luxottica’s website at the following address: http://www.luxottica.com/en/investors/consent-solicitation .
Luxottica and EssilorLuxottica draw the bondholders’ attention to the fact that, as indicated in the Consent Solicitation Memorandum, the transfer will be effective as of the Implementation Date.