BIOND 11 NOVEMBER 2019
Bond 11 November 2019
Italian Stock Exchange
ExtraMOT Pro market
• 7% fixed quarterly coupon
• Duration 5 years – November 2024
• Secured by a revolving pledge on NPL mortgage loans
Davis & Morgan Euro 5,000,000 Fixed Rate 7% bond with maturity on November 11, 2024 bonds offer investors fixed quarterly coupon flows equal to 7% of the Euro amount outstanding throughout the duration of the bonds.
5-year Amortizing bonds – maturing in November 2024 and with 25% repayment in the third and fourth year and 50% at maturity.
Bonds are secured by a revolving pledge on NPL mortgage loans with real estate as underlying assets in the main Italian cities.