Bending Spoons Proposes $1.5 Billion Notes Offering Due in 2032

Bending Spoons announced Tuesday, Oct. 27, a proposed notes offering worth about $1.5 billion in combined dollar-equivalent value, with proceeds intended for future acquisitions and other corporate purposes. The package pairs $1 billion in U.S. dollar-denominated notes with a euro tranche valued at about $500 million. Both series would mature in 2032. Bending Spoons US Inc., an indirect wholly owned subsidiary, would issue the dollar notes. Bending Spoons Operations S.p.A., also an indirect wholly owned subsidiary, would issue the euro notes. The parent company would not issue or guarantee either series.

Source: TokenPost