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Solution Bank finances Sciuker Frames with a bond issue of 5 million euros.

By 21/06/202420241 min read

Forlì, 2024 – Solution Bank has subscribed to a bond issued by Sciuker Frames S.p.A. The bond is non-convertible, senior, and secured, with a principal amount of 5 million euros, consisting of 50 bonds with a nominal value of 100,000.00 euros each, and maturing on December 31, 2029. Sciuker Frames S.p.A. is a company listed on the Euronext Growth Milan and is active in the design and production of windows and solar shading systems.”

The financing is intended to repay in advance part of the financial debt incurred by Sciuker Frames in connection with the acquisition of Diquigiovanni S.r.l. and DV Serramenti, which was completed on August 2, 2023.

The Solution Bank financing supports the development of the Italian business and helps the company achieve its strategic market objectives.

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Solution Bank S.p.A. Registered Office and Head Office: Corso della Repubblica no. 126 – 47121 Forlì (FC) Share Capital € 78,179,712.84 subscribed and paid | No. of shares in circulation: 678,049,688 Bank registered in the Register of Banks under no. 5597 on 31/03/2004 Cod. ABI 03273.0 | Registered in the Companies Register of Romagna, Forlì-Cesena and Rimini R.E.A. no. 299009 – Tax Code and VAT no. 03374640401

Registered in the “D” section of the Single Register of Insurance and Reinsurance Intermediaries under no. D000026923 on 1/2/2007 Member of the “Interbank Deposit Protection Fund” (artt. 96/96 quater of TUB) | Member of the “National Guarantee Fund” (art. 62 c.1 D.Lgs. 415/1996)

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