07/12/2017 11:44:22

KLEPIERRE CLOSES BOND TENDER OFFER

Related content
26 Apr - 
Klépierre : BUSINESS REVIEW FOR THE FIRST QUARTER OF 20..
13 Apr - 
Klépierre : Statement regarding Hammerson plc ("Hammers..
23 Mar - 
Klépierre : Notice to Shareholders Regarding UK Disclos..

PRESS RELEASE

KLEPIERRE CLOSES BOND TENDER OFFER

Paris - December 7, 2017

On December 6, 2017, Klépierre closed the tender offer it launched on November 28, 2017 for four bonds:

  • a €500-million bond issued by Klépierre SA maturing in September 2019 (of which €309.9 million were outstanding) and offering a 2.75% coupon (FR0011321405);

  • a €500-million bond issued by Corio N.V. maturing in February 2021 (of which €324.642 million were outstanding) and offering a 3.25% coupon (XS0896119384);

  • a €600-million bond issued by Klépierre SA. maturing in March 2021 and offering a 4.75% coupon (FR0011019397);

  • an €85-million bond issued by Corio NV maturing in December 2022 and offering a 3.516% coupon (XS0864386825);

The aggregate nominal amount tendered on the four bonds amounted to €96.7 million.

As a reminder, this transaction was launched in parallel with the placement of a 15-year, €500 million bond. The new bond was priced at 50 basis points (bps) above the swap rate, which translates into a coupon of 1.625%.

Natixis, NatWest Markets and Société Générale acted as dealer managers in the tender offer.

 

 

AGENDA

 

February 7, 2018

April 24, 2018

Full-year 2017 earnings (press release after market close)

Annual General Meeting of shareholders

Investor relations contacts

media contacts

Hubert d'AILLIÈRES

 +33 (0)1 40 67 51 37 - hubert.daillieres@klepierre.com

Mengxing ZHANG

+33 (0)1 40 67 53 05 - mengxing.zhang@klepierre.com

Lorie LICHTLEN / Stephanie LASNEL, Burson-Marsteller i&e

 +33 (0)1 56 03 12 12 - klepierre.media@bm.com

ABOUT KLÉPIERRE

The leading pure play shopping center property company in Europe, Klépierre combines development, property and asset management skills. The company's portfolio is valued at €23.3 billion at June 30, 2017 and comprises large shopping centers in 16 countries in Continental Europe which together host 1.1 billion visitors per year. Klépierre holds a controlling stake in Steen & Strøm (56.1%), Scandinavia's number one shopping center owner and manager. Klépierre is a French REIT (SIIC) listed on Euronext Paris and included in the CAC Next 20, EPRA Euro Zone and GPR 250 indexes. It is also included in ethical indexes, such as DJSI World and Europe, FTSE4Good, STOXX® Global ESG Leaders, Euronext Vigeo France 20 and World 120, and figures in CDP's "A-list". These distinctions underscore the Group's commitment to a proactive sustainable development policy and its global leadership in the fight against climate change.

For more information: www.klepierre.com

This press release is on the Klépierre website: www.klepierre.com

KLEPIERRE CLOSES BOND TENDER OFFER


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Klépierre via Globenewswire

Attachment: 827833.pdf

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

HSBC Bank Plc : Form 8.5 (EPT/RI) - Lonmin PLC

22/02/2018 10:54:53
FORM 8.5 EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Name of exempt principal trader: HSBC BANK PLC (b) Name of offeror/offeree i..

Rathbone Brothers Plc : Preliminary announcement of 2017 results

22/02/2018 07:00:19
Funds under management up 14.3% to £39.1 billionThis is a preliminary statement of annual results published in accordance with FCA Listing Rule 9.7A. It covers the year ended 31 December 2017. Mark Nicholls, Chairman of Rathbone Brothers Plc, said: "UK and global investment markets performed well in 2017, with some indices reaching record levels towards the end of the year. This outcome has b..

Elliott Capital Advisors, L.P : Form 8.3 - GKN Plc

Related news
21/02/2018 15:25:10
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: Elliott Capital Advisors, L.P. (for itself and related general partners ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against National Beverage Corp.
2
Pittsburgh International Airport Selects World-Renowned Architectural and Engineering Firms with Local Ties to Collaborate on Design of New Terminal
3
Sterling National Bank Grows Commercial Banking and Commercial Finance Teams with Key Hires
4
Hagens Berman Reminds Investors in Deutsche Bank Aktiengesellschaft (NYSE: DB) of the August 6, 2018 Securities Class Action Lead Plaintiff Deadline
5
CLASS ACTION UPDATE for FIZZ and GOGO: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

Related stock quotes

Klepierre 31.83 0.1% Stock price increasing

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2018   Disclaimer and Terms of Use
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
21 July 2018 12:37:33
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20180712.1 - EUROWEB2 - 2018-07-21 13:37:33 - 2018-07-21 12:37:33 - 1000 - Website: OKAY