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Atrium European Real Estate Limited

EANS-Adhoc: Atrium European Real Estate Limited
Results of Tender Offer for the EUR130,000,000 Floating Rate Notes due 2017

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  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
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other
22.06.2015


Results of Tender Offer for the EUR130,000,000 Floating Rate Notes due 2017

Jersey, 22 June 2015: Atrium European Real Estate Limited (the Company) today
announces the acceptances and results of its invitation to holders of its
EUR130,000,000 Floating Rate Notes due 2017 (ISIN: AT0000496633) (the Notes) to
tender their Notes for purchase by the Company for cash (the Offer). The Offer
was made on the terms and subject to the conditions contained in the tender
offer memorandum dated 5 June 2015 (the Tender Offer Memorandum) prepared by the
Company.

Acceptance of EUR77.40 million in aggregate nominal amount of the Notes tendered
pursuant to the Offer

The Offer expired at 5.00 p.m. (Vienna time) on 19 June 2015. Of the EUR130
million in aggregate nominal amount of Notes currently outstanding (of which
EUR46.15 million in aggregate nominal amount of the Notes are currently held by
the Company), approximately EUR77.40 million in aggregate nominal amount of the
Notes have been validly tendered for purchase in accordance with the terms and
conditions of the Offer. The Company has decided to accept for purchase all such
Notes validly tendered pursuant to the Offer, with no pro rata scaling. As a
result of these acceptances, after the settlement of the Offer the Company will
hold approximately EUR123.55 million of the EUR130 million in aggregate nominal
amount of Notes.

The Company will pay EUR1,080 (the Purchase Price) for each EUR1,000 in nominal
amount of the Notes accepted by the Company for purchase pursuant to the Offer.
The Company will also pay Accrued Interest on the Notes accepted by it for
purchase pursuant to the Offer.

Settlement of the Offer is expected to occur on 23 June 2015.

The Offer was not made to any person located or resident in the United States,
and was also subject to restrictions in other jurisdictions, all as further
described in the Tender Offer Memorandum. This announcement must be read in
conjunction with the Tender Offer Memorandum.

Further Information

The Offer was described in full in the Tender Offer Memorandum. Brüll Kallmus
Bank AG, Linz Branch (Telephone: +43 316 90313 2752; Email: 
mayrhofer@bkbank.at/furtmueller@bkbank.at) and Deutsche Bank AG, London Branch
(Telephone: +44 20 7545 8011; Email:  liability.management@db.com) are acting as
the Dealer Managers for the Offer. Deutsche Bank AG, London Branch (Telephone:
+44 20 7547 5000; Fax: +44 20 7547 5001; Email:  xchange.offer@db.com) is acting
as the Tender Agent for the Offer.

Subject to applicable law, the Company will consider repurchases of any Notes
remaining outstanding following settlement of the Offer. Please contact the
Dealer Managers for further information.

The information contained in this announcement is for informational purposes
only and does not constitute an offer to purchase any securities or a
solicitation of an offer to sell any securities.
 
DISCLAIMER

This announcement must be read in conjunction with the Tender Offer Memorandum.
No offer or invitation to acquire any securities is being made pursuant to this
announcement. The distribution of this announcement and the Tender Offer
Memorandum in certain jurisdictions may be restricted by law. Persons into whose
possession this announcement and/or the Tender Offer Memorandum comes are
required by each of the Company, the Dealer Managers and the Tender Agent to
inform themselves about, and to observe, any such restrictions.


Further inquiry note:
For further information:
FTI Consulting Inc.:
+44 (0)20 3727 1000
Richard Sunderland
Claire Turvey
 
Richard.sunderland@fticonsulting.com

end of announcement                               euro adhoc 
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issuer:      Atrium European Real Estate Limited
             Seaton Place 11-15
             UK-JE4 0QH  St Helier Jersey / Channel Islands 
phone:       +44 (0)20 7831 3113
mail:         richard.sunderland@fticonsulting.com
WWW:         http://www.aere.com
sector:      Real Estate
ISIN:        JE00B3DCF752
indexes:     Standard Market Continuous
stockmarkets: official market: Wien, stock market: Luxembourg Stock Exchange 
language:   English

Original content of: Atrium European Real Estate Limited, transmitted by news aktuell

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