06 December 2013

€15,000,000 Floating Rate Notes due 2014
€20,000,000 Floating Rate Notes due 2015

We have been appointed as trustee for two new bonds issued by SNAI, the Italian betting company, listed on the Italian Stock Exchange, and headquartered in Porcari, Lucca. SNAI is the market leader in sports and horse race betting in Italy, and one of the largest authorised concession holders of betting and gaming entertainment products.
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