Dow Jones received a payment from EQS/DGAP to publish this press release.
Aroundtown Property Holdings Plc. / Miscellaneous - Low Priority
Aroundtown Property Holdings Plc. and its subsidiary AT Securities B.V.
announce placement of USD 500 million perpetual notes
14-Jun-2017 / 16:07 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group AG.
The issuer is solely responsible for the content of this announcement.
*THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY
OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH
AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION
OF APPLICABLE LAWS OR REGULATIONS*
*Aroundtown Property Holdings plc and its subsidiary AT Securities B.V.
announce placement of USD 500 million perpetual notes*
_14 June 2017_
Aroundtown Property Holdings plc ('*Aroundtown*') and its wholly-owned Dutch
financing subsidiary AT Securities B.V. ('*ATS*') announce today the
successful placement of USD 500,000,000 perpetual subordinated notes with a
first call date in July 2023 (the '*Notes*'). The Notes are issued by ATS
and will be unconditionally and irrevocably guaranteed on a subordinated
basis by Aroundtown. This placement further diversifies Aroundtown's global
investor base with a significant demand from investors out of Asia.
Aroundtown will hedge the currency risk implied by the USD denomination of
the Notes via a cross currency swap into EUR, resulting in an effective
coupon of approximately 3.1% and the principal linked to the Euro for the
Notes until 2023.
The Notes will be issued in denominations of USD 250,000 and were offered
exclusively to institutional investors outside the United States and any
other jurisdiction in which offers or sales of the Notes would be prohibited
by applicable law. Application will be made for admission of the Notes to
trading on the regulated market of the Irish Stock Exchange.
Aroundtown intends to use the amount raised by the issue of the Notes to
fund Aroundtown's growth strategy and to re-finance and/or repay existing
debt.
*About ATS*
ATS is a Dutch private company with limited liability (_besloten
vennootschap met beperkte aansprakelijkheid_) and is registered in the Dutch
Trade Register of the Chamber of Commerce under registration number
68406827.
*About Aroundtown*
Aroundtown Property Holdings Plc (trading symbol: AT1 on the regulated
market (Prime Standard) of the Frankfurt Stock Exchange) is a specialist
real estate company focused on value-add income generating properties
primarily in the German real estate markets. Aroundtown Property Holdings
Plc (ISIN: CY0105562116) is a public limited liability company incorporated
in 2004 under the laws of Cyprus, having its registered office at Artemidos
& Nikou Dimitriou, 54 B, 6027, Larnaca, Cyprus (registered number HE148223).
*Contact*
Timothy Wright
T: +357-2420-1312
E: info@aroundtownholdings.com
www.aroundtownholdings.com [1]
*DISCLAIMER*
THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION
OF AN OFFER TO BUY ANY SECURITIES.
THE SECURITIES MENTIONED IN THIS ANNOUNCEMENT HAVE NOT BEEN, AND WILL NOT
BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED
(THE *SECURITIES ACT*), AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES
ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES
ACT. THERE WILL BE NO PUBLIC OFFERING OF THE SECURITIES IN THE UNITED
STATES.
THIS ANNOUNCEMENT IS DIRECTED AT AND IS ONLY BEING DISTRIBUTED IN THE UNITED
KINGDOM TO (I) PERSONS WHO HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING
TO INVESTMENTS FALLING WITHIN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND
MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (THE *ORDER*), (II) HIGH
NET WORTH ENTITIES, AND OTHER PERSONS TO WHOM IT MAY OTHERWISE LAWFULLY BE
COMMUNICATED FALLING WITHIN ARTICLE 49 OF THE ORDER, AND (III) PERSONS TO
WHOM IT MAY OTHERWISE LAWFULLY BE COMMUNICATED (ALL SUCH PERSONS TOGETHER
BEING REFERRED TO AS *RELEVANT PERSONS*). THIS COMMUNICATION MUST NOT BE
READ, ACTED ON OR RELIED ON BY PERSONS WHO ARE NOT RELEVANT PERSONS. ANY
INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS
AVAILABLE ONLY TO RELEVANT PERSONS AND WILL BE ENGAGED IN ONLY WITH RELEVANT
PERSONS.
IN MEMBER STATES OF THE EUROPEAN ECONOMIC AREA (*EEA*), THIS ANNOUNCEMENT
AND ANY OFFER IF MADE SUBSEQUENTLY IS DIRECTED ONLY AT PERSONS WHO ARE
'QUALIFIED INVESTORS' WITHIN THE MEANING OF ARTICLE 2(1)(E) OF DIRECTIVE
2003/71/EC, AS AMENDED (THE *PROSPECTUS DIRECTIVE*) (*QUALIFIED INVESTORS*).
ANY PERSON IN THE EEA WHO ACQUIRES THE SECURITIES IN ANY OFFER (AN
*INVESTOR*) OR TO WHOM ANY OFFER OF THE SECURITIES IS MADE WILL BE DEEMED TO
HAVE REPRESENTED AND AGREED THAT IT IS A QUALIFIED INVESTOR. ANY INVESTOR
WILL ALSO BE DEEMED TO HAVE REPRESENTED AND AGREED THAT ANY SECURITIES
ACQUIRED BY IT IN THE OFFER HAVE NOT BEEN ACQUIRED ON BEHALF OF PERSONS IN
THE EEA OTHER THAN QUALIFIED INVESTORS, NOR HAVE THE SECURITIES BEEN
ACQUIRED WITH A VIEW TO THEIR OFFER OR RESALE IN THE EEA TO PERSONS WHERE
THIS WOULD RESULT IN A REQUIREMENT FOR PUBLICATION BY AROUNDTOWN OR ANY OF
THE MANAGERS OF A PROSPECTUS PURSUANT TO ARTICLE 3 OF THE PROSPECTUS
DIRECTIVE.
THIS ANNOUNCEMENT MAY CONTAIN PROJECTIONS OR ESTIMATES RELATING TO PLANS AND
OBJECTIVES RELATING TO OUR FUTURE OPERATIONS, PRODUCTS, OR SERVICES, FUTURE
FINANCIAL RESULTS, OR ASSUMPTIONS UNDERLYING OR RELATING TO ANY SUCH
STATEMENTS, EACH OF WHICH CONSTITUTES A FORWARD-LOOKING STATEMENT SUBJECT TO
RISKS AND UNCERTAINTIES, MANY OF WHICH ARE BEYOND THE CONTROL OF AROUNDTOWN
PROPERTY HOLDINGS PLC. ACTUAL RESULTS COULD DIFFER MATERIALLY, DEPENDING ON
A NUMBER OF FACTORS.
The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de/ukreg
Language: English
Company: Aroundtown Property Holdings Plc.
Artemidos & Nikou Dimitriou, 54 B
6027 Larnaca
Cyprus
Phone: +357 2420 1312
E-mail: info@aroundtownholdings.com
Internet: www.aroundtownholdings.com
ISIN: CY0105562116, XS1508392625, XS1227093611, XS1336607715,
XS1403685636, XS1449707055, XS1532877757, XS1540071724,
XS1586386739
WKN: A14QGA, A1871P, A1Z07A, A18V71, A180VY, A1839S, A1899S,
A19A2V
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Stuttgart; Dublin, Paris
Category Code: MSCL
TIDM: IRSH
Sequence No.: 4298
End of Announcement EQS News Service
583119 14-Jun-2017
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=4345d7aea553619c4df169c105a35861&application_id=583119&site_id=vwd&application_name=news
(END) Dow Jones Newswires
June 14, 2017 10:07 ET (14:07 GMT)
