BOND 21 JUNE 2022
Bond 21 June 2022
Italian Stock Exchange
ExtraMOT Pro market
• 7% fixed quarterly coupon
• Duration 5 years – June 2027
• Secured by a revolving pledge on NPL mortgage loans
Davis & Morgan Euro 15,000,000 fixed rate 7,00%, maturity 21 June 2027 bonds offer investors fixed quarterly coupon flows equal to 7,00% of the Euro amount outstanding throughout the duration of the bond.
Bonds have a five-year term – expiring in June 2027 – and are of the bullet type, with repayment of the principal at maturity.
Bonds are secured on mortgage loans with underlying real estate in the main Italian cities.