Tonucci & Partners and Simmons & Simmons in the issuance of senior convertible bonds with warrants of Netweek S.p.A.

Netweek S.p.A., a company listed on the MTA of the Italian Stock Exchange and dealing with publishing sector, has successfully concluded a private offer of senior convertible bonds, reserved to Atlas Special Opportunities, an alternative investment fund, for an aggregate principal amount of Euro 2.800.000 with stock warrant attached issued by its controlling entity D.Holding S.r.l. The subscription agreement provides an issuance divided into 7 tranches each consisting of 40 convertible bonds for an aggregate amount per tranche equal to Euro 400.000 and the granting of American style warrants attached for an amount equal to 30% of each tranche divided by the VWAP of ordinary shares of Netweek S.p.A. in the covered period. Netweek S.p.A. e D.Holding S.r.l. have been assisted by Tonucci & Partners with a team composed by partners Piergiorgio Sposato and Lodovico Artoni and associate Francesco Bianchi. Atlas Opportunities, LLC has been assisted by Simmons & Simmons with a team composed by partner Paola Leocani and senior associate Pietro Magnaghi.

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