Pirelli places €500m convertible as cyclical stocks surge

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Pirelli places €500m convertible as cyclical stocks surge

Aidan Gregory
December 15, 2020 12:15 PM
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October 17, 2020, Estoril, Portugal, Italy: estoril, portugal, Italy, , 17 Oct 2020, First lap during Round 8 Pirelli Estoril Round Race1 - World SuperBike - SBK - Credit: LM/Otto Moretti (Credit Image: © Otto Moretti/LPS via ZUMA Wire) | Otto Moretti/Zuma Press/PA Images

Pirelli, the Italian tyres company, has issued its first convertible bond since its re-IPO on the Milan Stock Exchange in 2017, raising €500m.

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ItalyCredit SuisseHealth and BiotechEquityEuropeEMEASRIGoldman SachsEquity-Linked
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Aidan Gregory
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