Brief: Lar Espana Completes Bookbuilding Process For Green Bonds Due 2028

HELIOS RE SOCIMI

27/10/2021 07:28

Oct 27 (Reuters) - Lar Espana Real Estate SOCIMI SA
 LRES.MC :
    * SAID ON TUESDAY THE BOOKBUILDING PROCESS IN RELATION TO
ISSUE OF
SENIOR UNSECURED GREEN BONDS MATURING ON NOV. 3, 2028 WAS
COMPLETED ON OCT. 26
    * AGGREGATE NOMINAL AMOUNT OF ISSUE WAS SET AT 300 MILLION
EUROS,
IN LINE WITH ITS OUTSTANDING SECURED DEBT THAT WILL BE
REFINANCED IN WHOLE
    * GREEN BONDS WILL BE ISSUED AT PAR VALUE AND WILL HAVE
NOMINAL
VALUE OF 100,000 EUROS
    * GREEN BONDS WILL BEAR INTEREST AT FIXED ANNUAL RATE OF
1.843%
AND PAYABLE ANNUALLY ON NOV. 3 EACH YEAR
    * IT EXPECTS TO FORMALISE GREEN BONDS ISSUE IN NEXT FEW
DAYS,
INCLUDING EXECUTING PUBLIC DEED
    * CLOSING OF ISSUE AND DISBURSEMENT IS EXPECTED TO TAKE
PLACE ON
NOV. 3

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nCNM66Qp4v urn:newsml:reuters.com:*:nFWN2RJ07Q
 Further company coverage:  LRES.MC  

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