Bondholders
On 28 June 2008 IGD issued a €230 million convertible bond, due 2012, with a 2.5% coupon.
More information about the issue can be found in the Offering Circular .
The bonds are listed on the Luxembourg Stock Exchange and traded on the related Euro MTF market.
At IGD SIIQ SpA’s general meeting, held on 22 April 2010, bondholders approved a series of amendments to the terms and conditions of the bond as resolved by the Board of Directors on 11 March 2010.
The proposed amendments are effective as of 28 June 2010:
- maturity: extension of the maturity of the convertible bonds from June 28th, 2012 until December 28th, 2013
- coupon: interest rate raised from 2.50% (final annual payment on June 28th, 2010) to 3.60% (act/act), half-yearly, first payment on December 28th, 2010) and coupon to be paid on a half-yearly rather than on an annual basis.
- conversion price: reduced from €4.93 to €2.75
- consequent changes to the bond regulations.
Security: ImmGrDis 2.5% 07-12 28/06
ISIN Code: XS0301344940
Type of bond: Convertible, fixed rate
Amount of issue: €230 million



