Inwit launches bond buyback offer and announces new issue

(Alliance News) - Inwit Spa announced on Monday the launch of a bond buyback offer for EUR1 billion with a coupon of 1.875% and maturity on July 8, 2026, with a nominal amount currently outstanding of EUR700 million.

At the same time, the company announced the possible issuance of new fixed-rate bonds under its EUR4.0 million EMTN program, subject to market conditions.

The offer may include a priority allocation mechanism for bondholders who intend to participate in the buyback and, at the same time, subscribe to the new securities. The completion of the new bond issue is a condition for the completion of the tender offer.

Inwit has stated that the initiative is part of its strategy of proactive management of its financial maturity profile, with the aim of optimizing the overall efficiency of its debt.

BNP Paribas and Mediobanca Spa are acting as dealer managers for the transaction.

Inwit's stock is down 0.1% to EUR10.02 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to [e-mail]

Copyright 2025 Alliance News IS Italian Service Ltd. All rights reserved.