Corporate Benefit. The financing obtained through the Notes will materially benefit the Initial Subsidiary Guarantors as members of the Group, since it will effect a strengthening of the financial structure of the Group through an extension of the duration of existing financing arrangements.
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Sources: Note Purchase Agreement (Luxottica Group Spa), Subsidiary Guarantee (Luxottica Group Spa)
Corporate Benefit. The financing obtained through the Notes will has materially benefit benefited (and continues to materially benefit) the Initial Acceding Subsidiary Guarantors as members of the Group, since it will has effected and continues to effect a strengthening of the financial structure of the Group through an extension of the duration of existing financing arrangements.
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