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Aroundtown tenders for up to €200 million of its 3¾% perpetual notes
By Taylor Fox
New York, Jan. 11 – Aroundtown SA launched a buyback tender for up to €200 million of its 3¾% perpetual notes (ISIN: XS1508392625), according to a news release Monday.
Aroundtown also issued €600 million 1 5/8% perpetual notes (ISIN XS2287744721).
The issuance of the new perpetual notes and the buyback of the 3¾% perpetual notes form part of Aroundtown's proactive capital management, utilizing favorable market conditions to optimize its financial profile.
Aroundtown is a Luxembourg-based real estate company.
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