Safilo to repay Euro 60 million of bonds in advance

Safilo Group hereby gives notice that on 16 June the subsidiary company Safilo Capital International S.A. will repay in advance Euro 60 million of Safilo Capital International 95/8% 5/2013 bonds, corresponding to 30.8% of the bonds currently on the market.

The transaction, which will be implemented at a redemption price of 100 (par value), as provided for under the bond regulations, will lead to a reduction in the overall amount of the bonds in circulation from Euro 195 million to Euro 135 million, and will be financed mainly through the use of the Revolving credit line from the “Senior” loan with maturity in June 2015.

In accordance with Group targets, the purpose of redemption is to reduce Safilo’s net financial charges.