BRIEF-Farminveste Says End Of Offer Period For Bond Loan 2025-2029 Changed To March 17 From March 14

BY Reuters | CORPORATE | 03/13/25 02:40 AM EDT

March 13 (Reuters) - Farminveste SGPS SA:

* SAID ON WEDNESDAY, APPROVES ADDENDUM TO PROSPECTUS OF ITS PUBLIC OFFER FOR BOND LOAN 2025-2029 OF UP TO 8 MILLION BONDS FOR UP TO 40 MILLION EUROS

* BOND LOAN THROUGH CASH SUBSCRIPTION OFFER AND TWO GENERAL EXCHANGE OFFERS OF BONDS CONVERTIBLE INTO CATEGORY B SHARES

* ADDENDUM ESTABLISHES ENDING PERIOD OF OFFERS ON MARCH 17 INSTEAD OF MARCH 14 PREVIOUSLY

* SETTLEMENT AND SUBSCRIPTION DATE WILL BE ON MARCH 20

* SAID ON TUESDAY ITS UNITS ALLIANCE HEALTHCARE AND ALLOGA PORTUGAL TO SELL 51% STAKE IN ALLOGA LOGIFARMA TO CENCORA FOR 46.8 MILLION EUROS WITH A CAPITAL GAIN OF 37.3 MILLION EUROS

* DEAL INCLUDES OPTION OF SALE OF REMAINDER 49% FOR A PERIOD OF A YEAR FROM DECEMBER 1, 2025

* THE TRANSACTION IS EXPECTED TO CONCLUDE IN H1 2025

* DEAL PART OF PLAN TO ALLOW THE PARTIAL REPAYMENT OF ITS UNIT FARMINVESTE IPG'S DEBT AND CREATE CONDITIONS TO ALLOW RENEGOTIATION OF THAT DEBT

Source text: https://tinyurl.com/3fcj5rd6, https://tinyurl.com/3u6b48cj Further company coverage: (Gdansk Newsroom)

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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