EQS-Adhoc: Grand City Properties S.A. launches an exchange offer with 15% tender option to the holders of certain perpetual notes
Source: EQS
EQS-Ad-hoc: Publication of inside information pursuant to Article 17 of Regulation (EU) No 596/2014 Luxembourg, Under the Offer, holders of the Existing Perpetual Notes with the ISIN code XS1491364953 and a current coupon of 6.332% and the ISIN code XS1811181566 and a current coupon of 5.901% are invited to exchange their instruments into newly issued undated subordinated notes with a coupon of 6.125% and a term of 6 years until the first reset date. The new notes are expected to be rated BBB- by The offer period will start on The new undated subordinated notes will be issued by a subsidiary of the Company, Grand City Properties Finance S.à r.l. and will be unconditionally and irrevocably guaranteed on a subordinated basis by the Company and will rank pari passu with all other subordinated notes issued or guaranteed the Company. The newly issued undated subordinated notes shall be listed on the official list of the The Offer is subject to certain conditions. The details of the Offer will be made available in an Exchange and Tender Offer Memorandum. End of Inside Information
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Language: | English |
Company: | |
37, |
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L-1840 Luxembourg | |
Phone: | +352 28 77 87 86 |
Fax: | +352 28 77 87 84 |
E-mail: | info@grandcity.lu |
Internet: | grandcityproperties.com |
ISIN: | LU0775917882, LU0775917882 , XS1491364953, XS1811181566, XS2271225281, XS1220083551, XS1654229373, XS1706939904, XS1706939904, XS1763144604, XS1781401085, CH0401956872, XS1827041564, XS1851265527, XS1953786222, XS1964638446, CH0482172415, XS2016885159, XS2033380820, XS2035328223, XS2154325562, XS2282101539, |
WKN: | A1JXCV , A1ZRRK, A1ZW4K, A1ZZ49, A186BF, A18YJ1, A19ZQE, A19MBW, A1V4P0, A19WVU, A19WU2 |
Indices: | SDAX |
Listed: | Regulated Market in |
EQS News ID: | 1870999 |
End of Announcement |
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1870999 02-Apr-