Regulatory News:
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA OR IN ANY JURISDICTION IN WHICH THE OFFER OF THE BONDS IS UNLAWFUL
Today, SFL (Paris:FLY) successfully priced its issue (the "Issue") of €500 million six and a half-year bonds maturing on 21 April 2028 with an annual coupon of 0.50% (the "Bonds
The new issue will be used for general corporate purposes and extends the average maturity of the Group's debt as part of its proactive balance sheet management strategy.
The settlement of the Issue is expected to take place on 21 October 2021 and the Bonds will be listed on the regulated market of Euronext Paris. The prospectus containing the terms and conditions of the Bonds will be available on SFL's website at the following address: https://www.fonciere-lyonnaise.com.
SFL is rated BBB+ with a stable outlook by Standard Poor's.
About SFL
Leader in the prime segment of the Parisian commercial real estate market, Société Foncière Lyonnaise stands out for the quality of its property portfolio, which is valued at €7.3 billion and is focused on the Central Business District of Paris (cloud.paris, Edouard VII, Washington Plaza, etc.), and for the quality of its client portfolio, which is composed of prestigious companies in the consulting, media, digital, luxury, finance and insurance sectors. As France's oldest property company, SFL demonstrates year after year an unwavering commitment to its strategy focused on creating a high value in use for users and, ultimately, substantial appraisal values for its properties.
Stock market: Euronext Paris Compartment A Euronext Paris ISIN FR0000033409 Bloomberg: FLY FP Reuters: FLYP PA
S&P rating: BBB+ stable outlook
IMPORTANT INFORMATION
This press release may not be released, published or distributed, directly or indirectly, in or into the United States of America, Australia, Canada, South Africa or Japan. The distribution of this press release may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes, should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
No communication or information relating to the offering of the Bonds may be transmitted to the public in a country where there is a registration obligation or where an approval is required. No action has been or will be taken in any country in which such registration or approval would be required. The issuance or the subscription of the Bonds may be subject to legal and regulatory restrictions in certain jurisdictions; SFL assumes no liability in connection with the breach by any person of such restrictions.
This press release is an advertisement and not a prospectus within the meaning of Regulation (EU) 2017/1129 (as amended the "Prospectus Regulation") and Regulation (EU) 2017/1129 as it forms part of domestic law in the United Kingdom by virtue of the European Union (Withdrawal) Act 2018 (the "UK Prospectus Regulation
This press release is not an offer to the public, an offer to subscribe or designed to solicit interest for purposes of an offer to the public other than to qualified investors in any jurisdiction, including France.
The Bonds have been offered only by way of a placement in France and outside France (excluding the United States of America, Australia, Canada, South Africa and Japan), solely to qualified investors as defined in point (e) of article 2 of the Prospectus Regulation and article 2 of the UK Prospectus Regulation and there will be no public offering in any country (including France) in connection with the Bonds, other than to qualified investors. This press release does not constitute a recommendation concerning the issue of the Bonds. The value of the Bonds can decrease as well as increase. Potential investors should consult a professional adviser as to the suitability of the Bonds for the person concerned.
France
The Bonds have not been and will not be offered or sold or caused to be offered or sold, directly or indirectly, to the public in France other than to qualified investors. Any offer or sale of the Bonds and distribution of any offering material relating to the Bonds have been and will be made in France only to qualified investors as defined in point (e) of article 2 of the Prospectus Regulation.
United States of America
This press release may not be released, published or distributed in or into the United States of America (including its territories and dependencies, any State or other jurisdiction of the United States of America and the District of Columbia). This press release does not constitute or form a part of an offer of securities for sale or of any offer or solicitation to purchase securities in the United States of America. The Bonds mentioned herein have not been, and will not be, registered under the U.S. Securities Act of 1933 (the "Securities Act") or the law of any State or other jurisdiction of the United States of America and may not be offered or sold in the United States of America except pursuant to an exemption from, or a transaction not subject to, the registration requirements of the Securities Act and in compliance with applicable state securities laws. The Bonds are and will be offered or sold only in "offshore transactions" outside of the United States of America, in accordance with Regulation S under the Securities Act. SFL does not intend to register any portion of the proposed offering in the United States of America and no public offering will be made in the United States of America.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211014006029/en/
Contacts:
SFL Thomas Fareng Phone +33 (0)1 42 97 27 00 t.fareng@fonciere-lyonnaise.com
Evidence Grégoire Silly Phone: 06 99 10 78 99 gregoire.silly@evidenceparis.fr
www.fonciere-lyonnaise.com
