By Richard Hook2018-09-03T17:18:00
CEE (Central & Eastern European) shopping centre owner Atrium European Real Estate has issued a €300m unsecured Eurobond.
The seven-year bond matures in September 2025 carrying a 3% pa fixed coupon and an issue price of 98.5%. The net proceeds of the new notes, which will be listed on the Luxembourg Stock Exchange, will be used to partially repay and refinance the group’s existing debt by repurchasing outstanding notes. The notes have been placed with a broad range of institutional debt investors across Europe.
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