Schuldschein

Download Pirelli Financials

On June 26th 2018 Pirelli & C. closed a "Schuldschein" financing – guaranteed by Pirelli Tyre S.p.A. – for a total of 525 million euro, following the terms detailed below.

The transaction will facilitate reimbursement of existing debt, further optimizing its structure and costs.


Press Release
 

Borrower Warrantor Amount Maturity Covenant
Pirelli & C S.p.A. Pirelli Tyre €82 million 2021 Net Debt / EBITDA
Pirelli & C S.p.A. Pirelli Tyre €423 million 2023 Net Debt / EBITDA
Pirelli & C S.p.A. Pirelli Tyre €20 million 2025 Net Debt / EBITDA

Last revised: 14 May 2019

Further information on the company's financial communications is available in the

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