REG-Aroundtown SA Aroundtown SA decides not to exercise its option to call USD 700 million 5.250 % Perpetual Notes with a call date in July 2023

Aroundtown SAAnnouncement

12/06/2023 21:30

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   Aroundtown SA (IRSH)
   Aroundtown SA decides not to exercise its option to call USD 700 million
   5.250 % Perpetual Notes with a call date in July 2023

   12-Jun-2023 / 22:18 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   THIS  ANNOUNCEMENT  IS  NOT  FOR  RELEASE,  PUBLICATION  OR  DISTRIBUTION,
   DIRECTLY OR INDIRECTLY, IN OR  INTO THE UNITED STATES, AUSTRALIA,  CANADA,
   JAPAN, SOUTH  AFRICA  OR ANY  OTHER  JURISDICTION  WHERE TO  DO  SO  WOULD
   CONSTITUTE A VIOLATION OF APPLICABLE LAWS OR REGULATIONS

   Aroundtown decides not  to exercise  its option  to call  USD 700  million
   5.250 % Perpetual Notes with a call date in July 2023

   Luxembourg, 12  June  2023 -  The  board  of directors  (the  “Board”)  of
   Aroundtown SA  (the  “Company”  or  “Aroundtown”)  has  decided  that  its
   subsidiary AT Securities B.V.  as issuer will not  exercise the option  to
   voluntarily redeem its USD 700 million 5.250% undated subordinated  notes,
   subject to interest  rate reset with  a first  call date on  21 July  2023
   (ISIN XS1634523754) (the “Perpetuals”) on such first call date.

   This decision  is  based  on the  current  prevailing  market  conditions.
   Aroundtown has the option to call the Perpetuals at or around every future
   interest payment date.  The Perpetuals  will continue to  be accounted  as
   100% equity under IFRS and for  the calculation of financial covenants  of
   Aroundtown’s senior bonds.

   About the Company

   Aroundtown SA  (symbol:  AT1),  trading  on  the  Prime  Standard  of  the
   Frankfurt Stock Exchange, is the largest listed and highest rated (BBB+ by
   S&P) German commercial real estate  company. Aroundtown invests in  income
   generating  quality  properties  with   value-add  potential  in   central
   locations in top tier European cities mainly in Germany/NL.

   Aroundtown SA (ISIN: LU1673108939) is  a public limited liability  company
   (société anonyme)  established  under  the  laws of  the  Grand  Duchy  of
   Luxembourg, registered with  the Luxembourg Trade  and Companies  Register
   (Registre de Commerce et des  Sociétés, Luxembourg) under number  B217868,
   having  its  registered  office  at   37,  Boulevard  Joseph  II,   L-1840
   Luxembourg, Grand Duchy of Luxembourg.

   Contact

   Timothy Wright
   T: +352 288 313
   E:  1 info@aroundtown.de
    2 www.aroundtown.de

    

   Important information:

   This announcement does not constitute an  offer to sell or a  solicitation
   of an  offer to  buy  any securities.  The  securities mentioned  in  this
   announcement have not  been and will  not be registered  under the  United
   States Securities act of 1933, as  amended (the “Securities Act”) and  may
   not be offered  or sold  in the United  States absent  registration or  an
   exemption from registration under the Securities Act.

   If any announcements in this document contain forward-looking  statements,
   such statements do not represent facts and are characterized by the  words
   'will', 'expect', 'believe',  'estimate', 'intend', 'contemplate',  'aim',
   'assume' or similar expressions.  Such statements express the  intentions,
   opinions or current  expectations and  assumptions of  Aroundtown and  the
   persons acting together with  Aroundtown. Such forward-looking  statements
   are based on current plans,  estimates and forecasts which Aroundtown  and
   the persons acting together with Aroundtown have made to the best of their
   knowledge,  but  which  do  not  claim  to  be  correct  in  the   future.
   Forward-looking statements are subject to risks and uncertainties that are
   difficult to predict and usually cannot be influenced by Aroundtown or the
   persons acting together with  Aroundtown. It should be  kept in mind  that
   the actual  events  or  consequences  may  differ  materially  from  those
   contained in or expressed by such forward-looking statements.

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   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,
   Category Code: MSCL
   TIDM:          IRSH
   LEI Code:      529900H4DWG3KWMBMQ39
   Sequence No.:  250313
   EQS News ID:   1655135


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:info@aroundtown.de
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=297cc9a7a72fca4905b7f9b22c5861be&application_id=1655135&site_id=refinitiv2&application_name=news


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