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Aroundtown discloses final results of cash tender offers for 2022, 2023 notes

Aroundtown SA detailed the final results of its cash tender offers for €600.0 million of 1.5% notes due 2022 and €550.0 million of 2.125% notes due 2023.

The property company will accept for purchase €49.0 million of the 2022 notes for 103.321% of the principal amount and €60.4 million of the 2023 notes at 106.250% of the principal amount, plus applicable interest.

Settlement is expected to take place Jan. 23.

Citigroup Global Markets Ltd. and Deutsche Bank AG are the dealer managers, while Lucid Issuer Services Ltd. is the tender agent.