DGAP-News
Aroundtown Property Holdings Plc. and its subsidiary ATF Netherlands B.V. successfully place EUR 100 million in a tap of the Perpetual Subordinated Notes
DGAP-News: Aroundtown Property Holdings Plc. / Key word(s): Bond/Real Estate THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF APPLICABLE LAWS OR REGULATIONS |
AROUNDTOWN PROPERTY HOLDINGS PLC AND ITS SUBSIDIARY ATF NETHERLANDS B.V. SUCCESSFULLY PLACE EUR 100 MILLION IN A TAP OF THE PERPETUAL SUBORDINATED NOTES
17 January 2017.
Aroundtown Property Holdings plc (Aroundtown) and its wholly-owned subsidiary ATF Netherlands B.V. (ATF) announce today the successful tap placement of the original EUR500,000,000 perpetual subordinated notes (ISIN: XS1508392625) (the Existing Perpetual Notes) by the issue of EUR100 million additional perpetual subordinated notes (the New Perpetual Notes), at a subscription price of 94.891% of their principal amount.
The New Perpetual Notes will have the same terms and conditions as the Existing Perpetual Notes and will form a single consolidated series with the Existing Perpetual Notes. Following settlement, the aggregate nominal amount of the Perpetual Notes in issue will be increased to EUR600 million. The New Perpetual Notes will be admitted to trading on the regulated market of the Irish Stock Exchange.
Aroundtown intends to use the amount raised by the issue of the New Perpetual Notes to fund Aroundtown's growth strategy and to re-finance and/or repay existing debt.
About ATF
ATF is a Dutch private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) and is registered in the Dutch Trade Register of the Chamber of Commerce under
registration number 66965209.
About Aroundtown
Aroundtown Property Holdings plc (ISIN: CY0105562116, trading symbol: AT1 on Frankfurt Stock Exchange/Xetra; ALATP on Euronext) is a public limited liability company incorporated under the laws of
Cyprus, having its registered office at Artemidos & Nikou Dimitriou, 54 B, 6027, Larnaca, Cyprus (registered number HE148223).