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MILAN - Italian company Omnia (JO:OMNJ) Technologies S.p.A. announced Wednesday it is offering €100 million in senior secured floating rate notes as a fungible tap issue, according to a stabilization notice issued by J.P. Morgan SE.
The euro-denominated notes will be listed on the Luxembourg Stock Exchange. J.P. Morgan SE will serve as the stabilization coordinator, alongside multiple stabilization managers including IMI-Intesa Sanpaolo, BNP Paribas (OTC:BNPQY), Mediobanca (OTC:MDIBY), UniCredit, Barclays (LON:BARC), BPER, and Rabobank.
The stabilization period is expected to begin July 2 and end no later than August 2, 2025. During this time, stabilization managers may over-allot securities by up to 5% of the aggregate nominal amount to support the market price.
The notes will be offered in denominations of €100,000 with increments of €1,000. The offer price has not yet been determined.
According to the press release, the securities have not been and will not be registered under the United States Securities Act of 1933 and may not be offered or sold in the United States without registration or an exemption.
The announcement specifies that in the United Kingdom (TADAWUL:4280), the offer is directed only at persons with professional experience in investments or high net worth individuals as defined under the Financial Services and Markets Act 2000.
Similarly, in European Economic Area member states that have implemented the Prospectus Directive, the offer is only addressed to qualified investors as defined by that directive.
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