Luxottica to issue €100 million of notes, extending maturity profile

By Lisa Kerner

Charlotte, N.C., Sept. 20 - Luxottica Group SpA announced plans to issue €100 million principal amount of senior long-term notes to institutional investors in a private placement.

The company said it is planning the issue "in order to exploit favorable market conditions and to extend the average maturity of its debt."

Milan-based Luxottica Group and its subsidiaries design, manufacture and distribute fashion, luxury and sports eyewear.

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