DGAP-News
Grand City Properties S.A. offers to the holders of its outstanding EUR500,000,000 2.00% Notes due 2021 to tender such notes for purchase for cash and considers issuing fixed rate notes
DGAP-News: Grand City Properties S.A. / Key word(s): Bond/Real Estate
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN
SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES") OR IN OR INTO OR TO ANY PERSON RESIDENT OR LOCATED IN
ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO PUBLISH OR DISTRIBUTE THIS DOCUMENT. Furthermore, the Company considers to issue EUR denominated Reg S bearer, senior unsecured expected 9 -years notes, subject to market conditions (the "New Notes"). The New Notes will be issued under Company's EMTN programme and will be listed on the Irish stock exchange. The Company is not under any obligation to accept for purchase any Notes tendered pursuant to the Offer. Whether the Company will accept for purchase Notes validly tendered in the Offer is subject, without limitation, to the successful completion of the issue of the New Notes or such other financing as the Company may determine on terms acceptable to it (in each case as determined by the Company in its sole and absolute discretion) (the "New Financing Condition"). Diskutieren Sie über die enthaltenen Werte |