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Atrium European Real Estate Tenders Offer for €130 Mln Bonds

Published: June 5, 2015; 16:00 · (FriedlNews)

Listed property developer Atrium European Real Estate Limited announces its plan to launch an invitation to holders of its €130 million Floating Rate Notes due 2017, of which €83.85 million is currently outstanding and €46.15 million is currently held by Atrium itself, to buyback their bonds.

Atrium intends to buyback bonds / Picture: © Atrium European Real Estate

The Offer will be made on the terms and subject to the conditions contained in a tender offer memorandum to be prepared by the Company (the Tender Offer Memorandum), which is expected to be published on or around 5 June 2015 and will also set out the procedures to be followed by holders of the Notes in order to participate in the Offer.

The Company will pay €1,080 for each €1,000 in nominal amount of the Notes accepted by it for purchase pursuant to the Offer, and will also pay accrued interest on such Notes.

The Offer will be subject to offer restrictions in certain jurisdictions, as will be fully described in the Tender Offer Memorandum.

This announcement must be read in conjunction with the Tender Offer Memorandum, once published.

The Tender Offer Memorandum will contain important information which should be read carefully before any decision is made with respect to the Offer.

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