Globalworth Completes Tender Offers, Advances CEE Position
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Globalworth Completes Tender Offers, Advances CEE Position

Globalworth Real Estate Investments (GB:GWI) has released an update.

Globalworth Real Estate Investments Limited has announced the successful completion of its cash tender offers for notes due in 2029 and 2030, with an increased maximum acceptance amount from €60 million to over €83 million. The company will purchase over €38 million in 2029 notes and €45 million in 2030 notes, funded by its cash reserves, alongside the payment of accrued interest. These transactions follow Globalworth’s strategic disposal of a 50% stake in Romanian logistics assets to WDP, consolidating their position in the Central and Eastern European real estate market.

For further insights into GB:GWI stock, check out TipRanks’ Stock Analysis page.

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