Successful Completion of Tender Offer on Carmila’s Bonds With €200,100,000 of Bonds Tendered
24 Settembre 2024 - 6:10PM
Business Wire
Regulatory News:
Carmila (Paris:CARM) successfully completed its tender offer,
announced on 16 September 2024, on the following series of existing
notes:
- €300,000,000 1.625 per cent. Notes due 30 May 2027 (ISIN
FR0014000T33) (the "2027 Notes");
- €350,000,000 2.125 per cent. Notes due 7 March 2028 (ISIN
FR0013321536) (the "March 2028 Notes");
- €500,000,000 5.500 per cent. Notes due 9 October 2028 (ISIN
FR001400L1E0) (the "October 2028 Notes"); and
- €325,000,000 1.625 per cent. Notes due 1 April 2029 (ISIN
FR0014002QG3) (the "2029 Notes", together with the 2027
Notes, the March 2028 Notes and the October 2028 Notes, the
"Existing Notes").
A total aggregate principal amount of €200,100,000 was validly
tendered and accepted by Carmila for repurchase.
Aggregate principal amount validly tendered and accepted by
Carmila for repurchase in respect of each series of Existing
Notes:
- 2027 Notes: €53,500,000
- March 2028 Notes: €15,700,000
- October 2028 Notes: €130,900,000
None of the 2029 Notes have been accepted for purchase by
Carmila.
All notes purchased by Carmila will be cancelled. The Settlement
Date for the tender offer is expected to be 26 September 2024.
This tender offer follows the inaugural issuance of a green bond
of €300,000,000, with a maturity of 7 years and a coupon of 3.875%,
on 17 September 2024.
This operation allows Carmila to proactively manage and further
extend its debt maturity profile and optimise its balance sheet
structure.
INVESTOR AGENDA
17 October 2024 (after market close): Financial
information for the third quarter 2024
ABOUT CARMILA
As the third-largest listed owner of commercial property in
Europe, Carmila was founded by Carrefour and large institutional
investors in order to enhance the value of shopping centres
adjoining Carrefour hypermarkets in France, Spain and Italy. At 31
December 2023, its portfolio was valued at €5.9 billion and is made
up of 201 shopping centres, with leading positions in their
catchment areas.
Carmila is listed on Euronext-Paris Compartment A under the
symbol CARM. It benefits from the tax regime for French real estate
investment trusts (“SIIC”). Carmila has been a member of the SBF
120 since 20 June 2022.
IMPORTANT NOTICE
Some of the statements contained in this document are not
historical facts but rather statements of future expectations,
estimates and other forward-looking statements based on
management’s beliefs. These statements reflect such views and
assumptions prevailing as of the date of the statements and involve
known and unknown risks and uncertainties that could cause future
results, performance or events to differ materially from those
expressed or implied in such statements. Please refer to the most
recent Universal Registration Document filed in French by Carmila
with the Autorité des marchés financiers for additional information
in relation to such factors, risks and uncertainties. Carmila has
no intention and is under no obligation to update or review the
forward-looking statements referred to above. Consequently, Carmila
accepts no liability for any consequences arising from the use of
any of the above statements.
This press release is available in the
“Funding” section of Carmila’s Finance webpage:
https://www.carmila.com/en/finance/funding/
Visit our website at
https://www.carmila.com/en/
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240924965100/en/
INVESTORS AND ANALYSTS CONTACT
Pierre-Yves Thirion - CFO pierre_yves_thirion@carmila.com +33 6
47 21 60 49
PRESS CONTACT
Elodie Arcayna – Corporate Communications Director
elodie_arcayna@carmila.com +33 7 86 54 40 10
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