Brief: Lar Espana Completes Bookbuilding Process For Green Bonds

HELIOS RE SOCIMI

16/07/2021 06:46

July 16 (Reuters) - Lar España Real Estate SOCIMI SA
 LRES.MC :
    * SAID ON THURSDAY BOOKBUILDING PROCESS IN RELATION TO ISSUE
OF
SENIOR UNSECURED GREEN BONDS MATURING IN 2026 WAS COMPLETED
    * SAYS IN VIEW OF STRONG DEMAND DURING BOOKBUILDING PROCESS,
AGGREGATE NOMINAL AMOUNT OF THE ISSUE HAS BEEN SET AT 400
MILLION EUROS
    * GREEN BONDS WILL BE ISSUED AT PAR VALUE AND WILL HAVE
NOMINAL
VALUE OF 100,000 EUROS
    * BONDS WILL BEAR INTEREST AT FIXED ANNUAL RATE OF 1.75%
FROM
THEIR ISSUE, PAYABLE ANNUALLY ON JULY 22
    * SAYS MATURITY DATE OF GREEN BONDS WILL BE JULY 22, 2026
    * SAYS ENTERS INTO SUBSCRIPTION AGREEMENT WITH MORGAN
STANLEY
EUROPE SE AND J.P. MORGAN AG, JOINT LEAD MANAGERS OF THE ISSUE,
FOR PLACEMENT OF GREEN BONDS AMONG CERTAIN QUALIFIED INVESTORS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nCNM7xKtDY
    
 Further company coverage:  LRES.MC  
   


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