On May 15, 2020, Extensa activated the update of its EUR 150,000,000 EMTN programme, with Belfius Bank and BNP Patibas Fortis acting as co-arrangers and dealers.
After having carefully monitored the markets, Extensa announced on May 14, 2020 the mandate for a potential single tranche 4Y transaction and the organisation of a virtual roadshow beginning on May 18, 2020, with the Global Investor call taking place on the first day of the Roadshow.
Several investors participated to the Roadshow. On the back of positive and constructive feedbacks from several large accounts as well as from significant soft orders from the private banking networks.
The books closed rapidly with a final book size exceeding EUR 55M. The final size for the transaction was set at EUR 40Mio.