Beni Stabili : appoints banks for investor meetings related to potential bond issue

Beni Stabili appoints banks for investor meetings related to potential bond issue

Milan: September 28th, 2017

Beni Stabili announces that it is planning to arrange in the immediate future a series of meetings with fixed income investors across Europe in order to evaluate the opportunity to issue Euro denominated senior unsecured notes, subject to market conditions and Board of Directors' approval.

The potential issue would not be convertible into shares of Beni Stabili and would be reserved exclusively to institutional investors, it would target a minimum amount of Euro 300 million and a tenor between 5 and 7 years. The envisaged transaction would be intended as part of the company's funding diversification strategy, in line with its strategic guidelines and the obtainment of a credit rating from Standard & Poor's (which is of BBB-, with a Stable outlook), announced earlier this year.

Beni Stabili has appointed Banca IMI, BNP Paribas, Crédit Agricole CIB, Société Générale CIB and UniCredit to arrange the investor meetings and as Joint Lead Managers on the potential Issue.

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This press release is not, and is not part of, an offer or sale of securities to the public or a solicitation to purchase or sell securities, and there will be no offer of securities or solicitation to sell or purchase securities in any jurisdiction where such offer or solicitation would be forbidden by the law.

No action has been taken by Beni Stabili, the aforementioned banks or any of their respective affiliates that would permit an offering of the securities or possession or distribution of this press release or any publicity material relating to the securities in any jurisdiction where action for such purposes is required. Persons into whose possession this press release comes are required to inform themselves about and to observe any such restrictions.

This press release shall not be distributed, whether directly or indirectly, in the United States of America (as defined in Regulation S contained in the US Securities Act of 1933, as subsequently amended - "US Securities Act") or in any other country where the offer or the sale would be forbidden by the law.

The securities mentioned in this press release have not been and will not be registered under the US Securities Act and may not be offered or sold in the United States of America without a registration or a specific exemption from registration under the US Securities Act. No offers of the securities to the public or solicitation to sell or purchase securities shall be made in the United States of America or in any other country.

For more information: Beni Stabili Siiq

Investor Relations - Barbara Pivetta - +39.02.3666.4630 - [e-mail] Contact - Barbara Ciocca - + 39.02.3666.4695 [e-mail]

SEC and partners Srl

Matteo Steinbach - +39.346.1063989 - [e-mail] Calcaterra - + 39. 335.461985 [e-mail]

Beni Stabili Siiq, a leading property company in the Italian real estate sector

Beni Stabili is the leading property player in the Italian real estate market with total assets of over 4bn euro. Our assets portfolio is sited in key locations of North and Central Italy's major cities and consist mainly of offices. We pursue the appreciation of our assets to increase profitability and create value for our clients, partners and shareholders.

As a major player in office investment and development, we foster pioneering solutions to improve the environmental performance of our buildings for the well-being of our clients' employees. With this is mind we are developing in Milan a new business area dedicated to smart working: Symbiosis.

Beni Stabili is listed on the Milan and Paris Stock Exchanges and operates through its main offices of Milan and Rome. Beni Stabili belongs to the Foncière des Régions group, a leading real estate player in Europe who owns and manage an 18bn euro portfolio located in the most attractive metropolitan cities of France, Germany and Italy.

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