Atrium European Real Estate Limited
EANS-Adhoc: Atrium European Real Estate Limited
ATRIUM SUCCESSFULLY ISSUES 2.625% COUPON, €300 MILLION INAUGURAL GREEN BOND DUE SEPTEMBER 2027 UNDER ITS EMTN PROGRAMME
29.01.2021 – 22:47
-------------------------------------------------------------------------------- Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information 29.01.2021 St Helier Jersey / Channel Islands - NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES") OR TO ANY U.S. PERSON (AS DEFINED BELOW) OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS DOCUMENT. ATRIUM EUROPEAN REAL ESTATE LIMITED ATRIUM SUCCESSFULLY ISSUES 2.625% COUPON, EUR300 MILLION INAUGURAL GREEN BOND DUE SEPTEMBER 2027 UNDER ITS EMTN PROGRAMME Ad hoc announcement - Jersey, 29 January 2021. Atrium European Real Estate Limited ("Atrium" or the "Company" and together with its subsidiaries, the "Group"), a leading owner, operator and redeveloper of shopping centres and retail real estate in Central Europe, announces that it has priced EUR300 million inaugural green bond offering due 5 September 2027 under its EMTN Programme (the "New Green Notes"). The New Green Notes are issued by Atrium Finance Issuer B.V. (the "Issuer") and are guaranteed by Atrium. The New Green Notes attracted strong demand with an orderbook amounting to EUR1.2 billion, and were placed with a broad range of European and international institutional debt investors, including those investors with a specific focus on ESG/sustainable investment portfolios. The New Green Notes carry a coupon of 2.625% and the issue price of the New Green Notes is 98.167%. An amount equal to the net proceeds of the offering will be allocated to finance or refinance Eligible Projects and/or Assets as defined in Atrium Green Financing Framework. Sustainalytics has provided a Second Party Opinion on the Framework confirming its alignment with the ICMA Green Bond Principles and LMA Green Loan Principles. As a result of the new issue, Atrium will have enhanced liquidity and expects to be able to purchase certain euro-denominated bonds issued by the Company which are validly tendered and accepted for purchase in accordance with the tender offer launched by Atrium on 27 January 2021. Atrium will apply for the New Green Notes to be listed on the official list of the Luxembourg Stock Exchange and admitted to trading on the Luxembourg Stock Exchange's regulated market. The New Green Notes have been assigned a rating of Baa3 by Moody's and BBB by Fitch, in line with Atrium's corporate ratings. Citigroup assisted Atrium with establishing the Green Financing Framework in February 2020. Citigroup and ING acted as green advisors on the New Green Notes. Citigroup, Deutsche Bank, HSBC, ING, Morgan Stanley, Raiffeisen Bank International acted as Bookrunners on the transaction. For further information: FTI Consulting Inc.: +44 (0)20 3727 1000 Richard Sunderland, Claire Turvey atrium@fticonsulting.com The Company is established as a closed-end investment company incorporated and domiciled in Jersey and regulated by the Jersey Financial Services Commission as a certified Jersey listed fund, and is listed on both the Vienna Stock Exchange and the Euronext Amsterdam Stock Exchange. Appropriate professional advice should be sought in the case of any uncertainty as to the scope of the regulatory requirements that apply by reason of the above regulation and listings. All investments are subject to risk. Past performance is no guarantee of future returns. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction. Any offer of securities to the public that may be deemed to be made pursuant to this communication in any EEA Member State is addressed solely to qualified investors (within the meaning of the (EU) Regulation 2017/1129, the "Prospectus Regulation") in that Member State. Any offer of securities to the public that may be deemed to be made pursuant to this communication in the United Kingdom is addressed solely to qualified investors within the meaning of the (EU) Regulation 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the "UK Prospectus Regulation") in the United Kingdom. This document is an advertisement and not a prospectus for the purposes of the Prospectus Regulation, the UK Prospectus Regulation and/or Part IV of the Financial Services and Markets Act 2000 or otherwise, and as such does not constitute an offer to sell or the solicitation of an offer to purchase securities. A base prospectus prepared pursuant to the Prospectus Regulation has been published, which can be obtained from the website of the Luxembourg Stock Exchange. Investors should not subscribe for or purchase any securities referred to in this document except on the basis of the information in the base prospectus and the relevant final terms. This communication is addressed only to and directed only at (i) persons who are outside the United Kingdom or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") and (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above together being referred to as "relevant persons"). Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. This communication is not for public release, publication or distribution, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia). This communication is not and does not constitute or form a part of any offer of, or solicitation to purchase or subscribe for, any securities in the United States. Any such securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "Securities Act"). Any such securities may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as such term is defined in Regulation S under the Securities Act), except pursuant to an exemption from the registration requirements of the Securities Act. No public offering of securities will be made in the United States of America. Further inquiry note: FTI Consulting Inc.: +44 (0)20 3727 1000 Richard Sunderland, Claire Turvey atrium@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 FAX: mail: richard.sunderland@fticonsulting.com WWW: http://www.aere.com ISIN: JE00B3DCF752 indexes: stockmarkets: Wien, Luxembourg Stock Exchange language: English
Original content of: Atrium European Real Estate Limited, transmitted by news aktuell