Private Bond Offering
On the 22nd of November 2019, José de Mello Saúde, S.A. concluded a private bond offering in the amount of €50,000,000. The issuance was achieved through onde total and voluntary exchange offer and one private bond offering. The bonds mature in January 2027 and have a floating rate coupon equal to Euribor 6 months + 3.875% p.a., payable semi-annually. Total demand reached approximately 1.75x.
Haitong Bank acted as Joint Lead Manager and Bookrunner in this transaction.