Business
Italian Wine Brands S p A : Compliance Certificate 2026
Italian Wine Brands S p A : Compliance Certificate
About this update from Italian Wine Brands S.p.a.
[{"type":"text","content":"\n \n ITALIAN WINE BRANDS\n \n \n \n Compliance Certificate\n \n \n \n To: Noteholders\n \n \n From: Italian Wine Brands S.p.A.\n \n \n Date: 20/05/2026\n \n \n \n RE: Italian Wine Brands S.p.A Up to Euro 130,000,000 Senior Unsecured Fixed Rate Notes due 13 May 2027 (ISIN XS2331288212 - Common Code: 233128821) (the \"Bond\"l\n \n \n Dear Sirs,\n \n \n We refer to the terms and conditions of the Bond (the \"Conditions\"). This is a Compliance Certificate pursuant to Condition 4 (b). Unless otherwise indicated, capitalised terms used in this Compliance Certificate have the meaning given to them in the Conditions.\n \n \n \n We confirm that as at the Reporting Date falling on 26/05/2026:\n \n \n since the previous Reporting Date, the Issuer and each of its Subsidiaries have been and are in compliance with Condition 4(a)(i) and Condition 4(a)(ii) (Covenants - Limitation on Indebtedness);\n as at the Certified Date falling on 31 December 2025: (x) we complied with our obligation under the Agency Agreement; and (y) no Event ofDefault orpotenflal Event of Default existed nor had there existed since the Previous Certified Date; and\n \n \n the Consolidated Net Leverage Ratio in respect of the Relevant Period ending on the Determination Date falling on 31 December 2025, is 1.17.\n \n \n Pursuant to Condition 4 (b) we hereby also confirm that, for the purposes of calculating the Consolidated Net Leverage Ratio, the Net Consolidated Financial Position of Operations of the Group and the Consolidated Adjusted EBITDA of the Group in respect of the Relevant Period ending on the Determination Date falling on 31 December 2025 are equal to:\n \n \n Net Consolidated Financial Position of Operations of the Group: Eu/000 57,621\n \n \n Consolidated Adjusted EBITDA of the Group: Eu/000 49,117 Yours faithfully,\n \n \n \n By: Alessandro Mutinelli\n \n \n \n and CEO\n \n \n ITALIAN WINE BRANDS\n \n \n Italian Wine Brands Spa | https://www.italianwinebrands.it | [email protected] Sede legale Viale Abruzzi 94, 20131 Milano. T +39 02 30516516\n \n \n Societâ per Azioni con c.s. di Euro 1.124.468,80\n \n \n Registro Imprese Milano, Monza-Brianza, Lodi N 20S3323 e P.IVA 08851780968\n ","length":3310,"tagName":"div"}]