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24 Oct 2019

EssilorLuxottica and Luxottica announce consent solicitation of the holders of the outstanding notes of Luxottica

Charenton-le-Pont, France (October 24, 2019 – 8.00 am) – In pursuance of EssilorLuxottica group’s 
financing policy, according to which EssilorLuxottica S.A. (“EssilorLuxottica”) should concentrate the 
treasury management of the group at its level, EssilorLuxottica and Luxottica Group S.p.A.
(“Luxottica”) today announce that Luxottica is launching a consent solicitation in relation to its Euro 
500,000,000 2.625 per cent. fixed rate notes due 10 February 2024 (ISIN: XS1030851791) (the 

The purpose of the consent solicitation is to invite eligible holders of the Notes to consider and, if 
thought fit, approve, the transfer of the Notes from Luxottica to EssilorLuxottica, the release of the 
guarantors under the Notes, and certain modifications to the conditions of the Notes, all as further 
described in the Consent Solicitation Memorandum dated 24 October 2019, a copy of which is 
available under the “Consent solicitation” section on Luxottica’s website at 
https://www.luxottica.com/en/investors/consent-solicitation, as well as documents in connection with 
such consent solicitation.

A meeting of noteholders is convened by Luxottica for the purpose of such consent solicitation on 
November 26, 2019 at 4 pm CET - Piazzale Cadorna 3, Milan, on first call. 

The notice of call in relation to such meeting is published under the same “Consent solicitation” section 
on Luxottica's website, and on the Luxembourg Stock Exchange’s website at www.bourse.lu. Such 
notice of call has also been disseminated to the holders of the Notes through Clearstream, 
Luxembourg, and Euroclear and will be published in the Italian Gazzetta Ufficiale (Official Journal of 
the Italian Republic).

In addition, and as communicated by EssilorLuxottica in its press release dated 31 July 2019, 
EssilorLuxottica draws investors’ attention to the fact that it entered into a committed bridge financing 
of approximately Euro 8 billion that EssilorLuxottica plans to refinance.

This press release does not contain the full terms and conditions of the consent solicitation, which are 
contained in the Consent Solicitation Memorandum and all related documents. This press release is 
for informational purposes only and shall not constitute an offer to sell or a solicitation of an offer to 
buy, nor shall there be any sale of the Notes in any jurisdiction, including the United States or any 
State thereof, in which such an offer, solicitation or sale would be unlawful.

Investors should read carefully the Consent Solicitation Memorandum (including the notice of meeting) 
and any supplementary information published by Luxottica and/or EssilorLuxottica, from time to time, 
and seek their own financial and legal advice, including in respect of any tax consequences, from its 
broker, bank manager, solicitor, accountant or other independent financial, tax or legal adviser.

The distribution of this announcement and the Consent Solicitation Memorandum in certain 
jurisdictions may be restricted by law, and persons into whose possession this announcement and/or 
the Consent Solicitation Memorandum are required to inform themselves about, and to observe, any 
such restrictions.

Nothing in this announcement constitutes or contemplates an offer of, an offer to purchase or the 
solicitation of an offer to sell, any security in any jurisdiction and participation in any such offer by a
person in any circumstances in which such participation is unlawful will not be accepted.