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Cofinimmo — Capital/Financing Update 2012
Aug 7, 2012
3933_iss_2012-08-07_a94426bb-364b-456a-b214-3730aeb05d50.pdf
Capital/Financing Update
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PRESS RELEASE
REGULATED INFORMATION
Embargo until 07.08.2012, 17:40 AM CET
COFINIMMO ANNOUNCES THE CLOSING OF A PRIVATE PLACEMENT OF A 7.5 YEAR BOND FOR A TOTAL AMOUNT OF €100 MILLION
Brussels, 07.08.2012, 17:40 AM CET
On 07.08.2012, Cofinimmo successfully closed the private placement of a 7.5 year bond, maturing on 07.02.2020, for a total amount of €100 million. The bond offers a fixed coupon of 3.59%, payable annually on February 7th, with a first short coupon.
The bond was placed with a limited number of institutional investors.
The net proceeds of this bond issue allow Cofinimmo to cover its refinancing needs until the end of 2013 and to further diversify its financial resources. Moreover, this transaction lengthens the average debt maturity to four years.
For more information: Valérie Kibieta Chloé Dungelhoeff Tel.: +32 2 373 60 36 Tel.: +32 2 777 08 77
Investor Relations Manager Corporate Communications Manager [email protected] [email protected]
About Cofinimmo
Cofinimmo is the foremost listed Belgian real estate company specialising in rental property. The company owns a property portfolio worth over €3.3 billion, representing a total area of 1,860,00m². Its main investment segments are office property, care homes and distribution property networks. Cofinimmo is an independent company, which manages its properties in-house. It is listed on Euronext Brussels (BEL20) and benefits from the Belgian fiscal Sicafi regime and the French SIIC regime. At 30.06.2012, its total market capitalisation stands at €1.5 billion.
www.cofinimmo.com