EQS-Adhoc: Aroundtown SA: Publication of inside information pursuant to Article 17 of Regulation (EU) No 596/2014
Source: EQS
EQS-Ad-hoc: Publication of inside information pursuant to Article 17 of Regulation (EU) No 596/2014 Aroundtown launches an exchange offer with 20% tender option to the holders of its GBP and USD denominated perpetual notes Luxembourg, Holders of the Existing Perpetual Notes with ISIN code XS2017788592 and a current coupon of 4.750% (to reset in Holders of the Existing Perpetual Notes with the ISIN code XS1634523754 and a current coupon of 7.747% are invited to exchange their instruments into newly issued undated subordinated notes denominated in USD with a coupon of 7.875% and a term of 5.5 years until the first reset date (“New USD Notes”). The issuance of the New USD Notes is subject to achieving a new issue size of at least Both 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, Aroundtown 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 by 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: | +352 288 313 |
E-mail: | info@aroundtown.de |
Internet: | http://www.aroundtown.de |
ISIN: | LU1673108939, LU1673108939, XS2114459550, XS1508392625, XS1634523754, XS1752984440, XS2017788592, XS2027946610, XS2055106210, XS2287744721, XS1586386739, XS1639847760, XS1649193403, XS1700429308, XS1715306012, XS1753814141, CH0398677689, XS1761721262, XS1815135352, AU3CB0252955, CA04269KAA12, XS1879567144, XS1877353786, XS1901137106, XS1905592546, CH0460054437, XS1961042915, XS1964701822, XS1966277748, XS1980255779, XS1999746370, XS2023872174, XS2023873149, XS2198981263, XS1843435501, XS2273810510, XS2421195848, |
WKN: | A2DW8Z, A1Z07A, A18V71, A180VY, A1839S, A1899S, A19LQR, A19QUX, A19Q3W, A19VK9, A19Z76, A19U7Q |
Indices: | MDAX, FTSE EPRA/NAREIT, GPR 250 |
Listed: | Regulated Market in |
EQS News ID: | 1885255 |
End of Announcement |
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1885255 22-Apr-