Skip to main content

Klépierre: CLOSE OF THE TENDER OFFER ON TWO SERIES OF NOTES

Written by Customer Service on . Posted in Public Companies.

PRESS RELEASE

CLOSE OF THE TENDER OFFER ON TWO SERIES OF NOTES

Paris — January 14, 2022

On January 13, 2022, Klépierre closed the tender offer it launched on January 6, 2022 on two series of notes:

  • €750,000,000 1.00% notes due April 17, 2023 (ISIN: FR0012674661) issued by Klépierre on April 17, 2015 (of which €750,000,000 were outstanding before the tender offer); and
  • €630,000,000 1.75% notes due November 6, 2024 (ISIN: FR0012283653) issued by Klépierre in three assimilated tranches of notes on November 6, 2014, January 28, 2015 and June 11, 2015 respectively (of which €630,000,000 were outstanding before the tender offer).

The aggregate nominal amount tendered and accepted on the two series of notes amounted to €297.0 million, of which €226.3 million on the bond due April 17, 2023 and €70.7 million on the bond due November 6, 2024.

This early bond repayment optimizes Klépierre’s liquidity position, following recent disposals closed in December 2021.

Natixis, Société Générale and SMBC Nikko Capital Markets Europe GmbH acted as dealer managers in the tender offer.

AGENDA  
February 16, 2022 2021 full-year earnings (after market close)
April 26, 2022 Annual General Meeting
INVESTOR RELATIONS CONTACTS MEDIA CONTACTS  
Arnaud Courtial, Group Head of IR and Financial Communication
+33 (0)1 40 67 57 80 — arnaud.courtial@klepierre.com
Paul Logerot, IR Manager
+33 (0)1 40 67 53 02 — paul.logerot@klepierre.com
Julia Croissant, IR Officer
+33 (0)1 40 67 51 68 — julia.croissant@klepierre.com		 Hélène Salmon, Group Head of Corporate and Internal Communications
+33 (0)1 40 67 55 16 – helene.salmon@klepierre.com

 

Wandrille Clermontel, Taddeo
+33 (0)6 33 05 48 50 – teamklepierre@taddeo.fr

  

ABOUT KLÉPIERRE

Klépierre is the European leader in shopping malls, combining property development and asset management skills. The Company’s portfolio is valued at €21.5 billion at June 30, 2021, and comprises large shopping centers in more than 10 countries in Continental Europe which together host hundreds of millions of visitors per year. Klépierre holds a controlling stake in Steen & Strøm (56.1%), Scandinavia’s number one shopping center owner and manager. Klépierre is a French REIT (SIIC) listed on Euronext Paris and is included in the CAC Next 20 and EPRA Euro Zone Indexes. It is also included in ethical indexes, such as Euronext CAC 40 ESG, MSCI Europe ESG Leaders, FTSE4Good, Euronext Vigeo Europe 120, and features in CDP’s “A-list”. These distinctions underscore the Group’s commitment to a proactive sustainable development policy and its global leadership in the fight against climate change.
For more information, please visit the newsroom on our website: www.klepierre.com 

This press release is available in the “Publications section” of Klépierre’s Finance page: www.klepierre.com/en/finance/publications

 

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.