Aroundtown SA (DE:AT1) has released an update.
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Aroundtown SA has announced that it will not exercise its option to redeem its 3.375% and 2.875% perpetual notes, maintaining them as equity under IFRS for financial covenants. This decision reflects the company’s strategic financial management approach amid its position as the largest listed German commercial real estate entity.
For further insights into DE:AT1 stock, check out TipRanks’ Stock Analysis page.