ATLANTIA: BONDS WORTH 750M FOR ITALIAN INVESTORS
Rome, 14 November 2012 - The Commissione Nazionale per le Società e la Borsa
("CONSOB") has approved publication of the prospectus for the public offering and listing
on the Mercato Telematico delle Obbligazioni e dei Titoli di Stato ("MOT", the screen-based
trading system for Italian bonds andgovernment securities) of "Atlantia TF 2012-2018
guaranteed by Autostrade per l'Italia SpA" fixed-rate bonds with a total value of up to 750m,
to be issued by Atlantia SpA ("Atlantia" or the "Company") to Italian retail investors. This
amount may be increased to up to 1.5bn.
The bond issue was approved by Atlantia's Board of Directors on 19 October 2012, with
provision of the guarantee approved by the Board of Directors of Autostrade per l'Italia SpA
on the same date. The proceeds fromthe offering will be used to fund the Group's general
operations. The proceeds from the bond issue will be transferred to Autostrade per l'Italia in
the form of an intercompany loan, in order to enable this company to satisfy its funding
Investor Relations e-mail:
investor.relations@atlantia.it
Media Relations e-mail:
media.relations@atlantia.it
Atlantia S.p.A. requirements and finance future investment. In addition, the proceeds, or a part thereof, may be used to pay downexisting debt.
Offer period and minimum investment
The offer period is from 19 November 2012 to 7 December 2012, unless it is closed early or extended, under the conditions described in the prospectus. The minimum investment into the bondspurchased from distributors is 2,000, equal to 2 bonds with a par value of 1,000 each, with a minimum additional investment of at least 1 bond with a par value of 1,000 each.
Nature of the bonds
The bonds have a term to maturity of 6 years(maturing in 2018) and will be redeemed in full at maturity. The bonds will be admitted for trading on the MOT and their price will be published each day in the financial press and on the internet. The bonds were admitted for listing by Borsa Italianaon 12 November 2012, whilst the date for the start of trading will be established by Borsa Italiana at the end of the offer period. From this date investors will thus be able to trade the bonds at any time at market prices. Atlantia has applied for arating for the bonds, which will be made public in a specific announcement.
Commissions and applicable tax treatment
Participation in the offering is free from any subscription fee or commission. Coupon interest on the bonds is paid in fullwithout any deduction for the relevant tax in force at the time of payment.
Interest and yield
Accrued coupon interest will be paid to investors annually in arrears. The yield will be announced within 5 days of the end of the offer period in anotice to be published in a national daily newspaper. The yield will be based on the 6-year mid swap rate on the third working day prior to the date on which interest starts to accrue on the fixed-rate bonds plus a spread that shall not be less than260 basis points, also to be determined at the end of the offer period. Between 1 June 2012 and 14 November 2012, the 6-year mid swap rate ranged from a minimum of 1,036 and a maximum of 1,545 percentage points (Source: Bloomberg).
2 Underwriting and distribution
Banca IMI, BNP Paribas and UniCredit AG (Milan Branch) are acting as joint global coordinators and bookrunners for the offering. Thebonds will be distributed by an underwriting syndicate coordinated and led by Banca IMI, BNP Paribas and UniCredit AG (Milan Branch), whose participants are BANCA AKROS SpA - Gruppo Bipiemme Banca Popolare di Milano and Centrobanca - Banca di CreditoFinanziario e Mobiliare SpA and other banks, stockbrokers and authorised intermediaries. The list of distributors will be made available for consultation at the CONSOB, Atlantia's registered office and at distributors, and published at the same time in a notice in a national daily newspaper, by the first day prior to the start of the offer period. The syndicate will underwrite the bonds up to 750m.
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The offering and listing prospectus for thebonds will be published in accordance with the law and made available for consultation at Atlantia's registered office (at Via Antonio Nibby 20, Rome), and at the offices of the bookrunners and distributors. It will also be available on the websites of the bookrunners and distributors and, together with additional documentation regarding the offering and listing, including the bond and underwriting terms and conditions, on the websites of Borsa Italiana SpA and Altantia.
