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EANS-News Atrium European Real Estate Limited / ATRIUM RAISES EUR350 MILLION IN MORE THAN THREE TIMES OVERSUBSCRIBED GREEN HYBRID BOND ISSUANCE TO SUPPORT RESIDENTIAL FOR RENT INVESTMENT PROGRAMME

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27.04.2021, 09:00  |  143   |   |   

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Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
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Company Information

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ATRIUM EUROPEAN REAL ESTATE LIMITED

ATRIUM RAISES EUR350 MILLION IN MORE THAN THREE TIMES OVERSUBSCRIBED GREEN
HYBRID BOND ISSUANCE TO SUPPORT RESIDENTIAL FOR RENT INVESTMENT PROGRAMME

Jersey, 27 April 2021. Atrium European Real Estate Limited ("Atrium" or the
"Company" and together with its subsidiaries, the "Group"), a leading owner,
operator and redeveloper of shopping centres and retail real estate in Central
Europe, announces that it has priced a EUR350 million inaugural green hybrid
bond under its EMTN Programme (the "Notes").

The Notes attracted strong demand with an orderbook of EUR1.2 billion and were
placed with a broad range of European and international institutional debt
investors, including those investors with a specific focus on ESG/sustainable
investment portfolios. The Notes carry a coupon of 3.625% until the first reset
date and the issue price of the Notes is 98.197%. The Notes will be callable for
the first time on 4 August 2026. The issue date is expected to be on or around 4
May 2021.

An amount equal to the net proceeds of the offering will be allocated to finance
or refinance Eligible Projects and/or Assets including residential for rent as
defined in Atrium's Green Financing Framework. Sustainalytics has provided a
Second Party Opinion on Atrium's Green Financing Framework confirming its
alignment with the ICMA Green Bond Principles and LMA Green Loan Principles.

Following the issuance, the Company's reported Net LTV will be 27%, with the
long-term target remaining unchanged at 40%.

Atrium will apply for the Notes to be listed on the official list of the
Luxembourg Stock Exchange and admitted to trading on the Luxembourg Stock
Exchange's regulated market.

Liad Barzilai, Chief Executive Officer of Atrium Group, commented:
"Atrium's successful first Hybrid green bond issuance, which was more than three
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Atrium European Real Estate Aktie jetzt über den Testsieger (Finanztest 11/2020) handeln, ab 0 € auf Smartbroker.de





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EANS-News Atrium European Real Estate Limited / ATRIUM RAISES EUR350 MILLION IN MORE THAN THREE TIMES OVERSUBSCRIBED GREEN HYBRID BOND ISSUANCE TO SUPPORT RESIDENTIAL FOR RENT INVESTMENT PROGRAMME - Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. - Company Information St Helier Jersey / Channel Islands - NOT FOR DISTRIBUTION IN OR INTO OR …

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