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An update from Aroundtown SA ( (DE:AT1) ) is now available.
Aroundtown SA has diversified its funding sources by issuing a €500 million bond with a maturity of two years, callable after one year, at a low coupon rate. This move follows successful transactions in various currencies and aims to manage the company’s debt profile and expenses, providing flexibility for future opportunities.
More about Aroundtown SA
Aroundtown SA is the largest listed German commercial real estate company, trading on the Prime Standard of the Frankfurt Stock Exchange. It focuses on investing in income-generating quality properties with value-add potential in central locations across top-tier European cities, primarily in Germany, the Netherlands, and London.
For an in-depth examination of AT1 stock, go to TipRanks’ Overview page.