BOLA – SAD has already repaid investors (Sporting)

Four days after the end of the subscription period of the new Sporting SAD bond, which resulted in a financial contribution of 25.9 million euros, the Alvalade club sports corporation, headed by Frederico Varandas, previous bond issue, launched in 2015, whose payment had been postponed from May to the end of November.

As a result, the sports company repaid the € 30 million loan to small investors, which invested between May 7 and May 20, 2015 in six million bonds with a par value of five euros, a total of 30 million euros. million, as well as the corresponding interest payment.

It should be remembered that the interest rate of this previous bond issue of 2015 was 6.25% and that it is due on May 25th of this year and then postponed to yesterday. The new bond, already under the auspices of SAD's new management, which closed four days ago, bears interest at 5.25% and matures on November 26, 2021.