Atrium European Real Estate Limited
EANS-Adhoc: Atrium European Real Estate Limited
Results of Tender Offers
29.06.2012 – 11:18
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- 29.06.2012 Ad hoc announcement Results of Tender Offers for the EUR32,050,000 Tranche A 6 per cent. Fixed Rate Notes and EUR67,950,000 Tranche B Floating Rate Notes due 2013 Jersey, 29 June 2012: Atrium European Real Estate Limited (the Company) today announces the acceptances and results of its invitations to holders of its EUR32,050,000 Tranche A 6 per cent. Fixed Rate Notes due 2013 (ISIN: AT0000341789) (the Fixed Rate Notes) and its EUR67,950,000 Tranche B Floating Rule Notes due 2013 (ISIN: AT0000341797) (the Floating Rate Notes and, together with the Fixed Rate Notes, the Notes and each a Series) to tender their Notes for purchase by the Company for cash (each such invitation, an Offer and together the Offers). The Offers were made on the terms and subject to the conditions contained in the tender offer memorandum dated 31 May 2012 (the Tender Offer Memorandum) prepared by the Company. Acceptance of EUR50.62 million in aggregate nominal amount of the Notes tendered pursuant to the Offers The Offers expired at 5.00 p.m. (Vienna time) on 28 June 2012. Of the EUR100 million in aggregate nominal amount of Notes currently outstanding (of which EUR6.1 million in aggregate nominal amount of the Fixed Rate Notes and EUR3.95 million in aggregate nominal amount of the Floating Rate Notes are currently held by the Company), approximately EUR13.95 million in aggregate nominal amount of the Fixed Rate Notes and approximately EUR36.67 million in aggregate nominal amount of the Floating Rate Notes have been validly tendered for purchase in accordance with the terms and conditions of the Offers. The Company has decided to accept for purchase all such Notes validly tendered pursuant to the Offers, with no pro rata scaling. As a result of these acceptances, after the settlement of the Offers the Company will hold approximately EUR60.67 million of the EUR100 million in aggregate nominal amount of Notes. The Company will pay EUR1,030 (each a Purchase Price) for each EUR1,000 in nominal amount of the Notes of a Series accepted by the Company for purchase pursuant to the relevant Offer. The Company will also pay Accrued Interest on the Notes accepted by it for purchase pursuant to the Offers. Settlement of the Offers is expected to occur on 3 July 2012. The Offers were not made to any person located or resident in the United States, and were 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 Offers were described in full in the Tender Offer Memorandum. Deutsche Bank AG, London Branch (Telephone: +44 20 7545 8011; Email: liability.management@db.com) is acting as the Dealer Manager 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 Offers. 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 Manager and the Tender Agent to inform themselves about, and to observe, any such restrictions. Further inquiry note: FTI Consulting Inc +44 (0)20 7831 3113 Richard Sunderland Will Henderson richard.sunderland@fticonsulting.com end of announcement euro adhoc -------------------------------------------------------------------------------- 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 language: English
Original content of: Atrium European Real Estate Limited, transmitted by news aktuell