Brief: Klepierre Announces Early Redemption Of Bond Maturing In May 2022

Klepierre SA

10/02/2022 08:59

Feb 10 (Reuters) - Klepierre SA  LOIM.PA :
    * KLÉPIERRE: NOTICE OF EARLY REDEMPTION OF A BOND MATURING
IN MAY
2022
    * EARLY REDEMPTION WILL TAKE PLACE ON FEBRUARY 25, 2022
    * KLÉPIERRE ANNOUNCES TODAY EXERCISE OF RESIDUAL MATURITY
CALL
OPTION EMBEDDED IN ITS EUR 100 MILLION BOND MATURING ON MAY 25,
2022 AND BEARING A 1.10% COUPON
    * NOTES WILL BE REDEEMED AT PAR FOR A TOTAL OF EUR
100,000,000
PLUS INTEREST ACCRUED FROM PREVIOUS COUPON PAYMENT DATE
(INCLUSIVE) UP TO EARLY REDEMPTION DATE (EXCLUSIVE) FOR EUR
831,780
    * THIS EARLY BOND REPAYMENT OPTIMIZES KLÉPIERRE'S LIQUIDITY
POSITION, FOLLOWING RECENT DISPOSALS CLOSED IN DECEMBER 2021
    * SOCIÉTÉ GÉNÉRALE SECURITIES SERVICES ACTS AS PAYING AGENT
FOR
PURPOSE OF THIS TRANSACTION
    * EARLY REDEMPTION OF THIS BOND WILL TAKE PLACE ON FEBRUARY
25,
2022

Source text for Eikon:  ID:nGNE9fPXtR 
Further company coverage:  LOIM.PA 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))