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Financing ·

Bending Spoons proposes $1.5 billion in senior secured notes due 2032

BSPBending Spoons S.p.A.

Bending Spoons announced a proposed offering of approximately $1.5 billion in aggregate principal amount of senior secured notes, subject to market conditions and other factors. The transaction consists of $1 billion in U.S. dollar-denominated notes issued by Bending Spoons US Inc. and €500 million (approximate equivalent) in euro-denominated notes issued by Bending Spoons Operations S.p.A., both due in 2032. The parent company will not issue or guarantee the debt. Net proceeds are intended to fund future acquisitions, pay offering-related costs, fees, expenses, and taxes, and for general corporate purposes. Interest rates and issue prices remain undetermined pending pricing. Bending Spoons operates as a technology company developing digital products and services.

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