24-10-2025

Almaviva announces a €75 million increase (TAP) on its existing bond, which carries a coupon of 5% and matures in October 2030.

This additional placement brings the total amount of the bond issued at the end of October 2024, for a value of €725 million (5% coupon, minimum denomination €100,000) and already increased by a €350 million TAP at the end of June, to a total €1.15 billion.

“Following the success of the bond issued in October 2024, we decided to launch a first TAP last July to finance the acquisition of Tivit, a Brazilian IT company, and a second TAP today to further strengthen our debt capital structure and financial resources in support of business,” explains Christian De Felice, the group’s CFO and Chief Strategy Officer.

“The quality of the book remains very high. Investor response has been excellent, though we weren't able to please everyone. We issued the TAP at a price above par, which reflects the enormous confidence the market has in us, the outstanding teamwork throughout the Almaviva Group’s management, and the value of our completed acquisitions. This despite a challenging geopolitical, macroeconomic, and market climate. Our primary goal remains that of maintaining a prudent financial profile, progressively reducing leverage over the next 12-18 months.”