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Aroundtown SA Issues GBP 400 Million Bond and Launches Buyback Tender

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Aroundtown SA Issues GBP 400 Million Bond and Launches Buyback Tender

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Aroundtown SA ( (DE:AT1) ) has issued an update.

Aroundtown SA has successfully issued a GBP 400 million 7-year senior unsecured bond and launched a buyback tender targeting €870 million nominal amount to extend its debt maturity profile. These strategic financial maneuvers are part of the company’s proactive approach to managing debt maturities, optimizing its debt structure, and managing overall cost of debt, which could enhance its financial stability and market positioning.

More about Aroundtown SA

Aroundtown SA, trading on the Prime Standard of the Frankfurt Stock Exchange, is the largest listed German commercial real estate company. It invests in income-generating quality properties with value-add potential in central locations in top-tier European cities, primarily in Germany, the Netherlands, and London.

Learn more about AT1 stock on TipRanks’ Stock Analysis page.

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