BNP Paribas Italy News & Press Release
November 3, 2015 -

BNP Paribas to sell its stake in Klépierre S.A.

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The BNP Paribas Group announces today that it has initiated the sale of 20.5 million Klépierre shares, representing 6.5% of the company’s share capital, by way of an accelerated private placement to institutional investors.
This transaction is part of BNP Paribas’ active management of its equity investment portfolio. Following this transaction, BNP Paribas will have sold all of the Klépierre shares that it holds for its own account.
The result of the private placement will be announced after the closing of the bookbuilding. This private placement will be lead-managed by BNP Paribas acting as Sole Global Coordinator and Bookrunner. Credit Suisse and UBS Investment Bank will act as Joint Bookrunners.

This press release is for information purposes only and does not constitute an offer to sell and the offering of the Klépierre shares does not constitute a public offering of securities in any country, including France.

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