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Cofinimmo — Capital/Financing Update 2013
Jun 17, 2013
3933_iss_2013-06-17_1d09b127-47c2-4914-af1d-f199c1410d47.pdf
Capital/Financing Update
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PRESS RELEASE
REGULATED INFORMATION
Brussels, embargo until 17.06.2013, 5:40 PM CET Not for release, publication or distribution in the United States, Australia, Canada or Japan
RESULTS OF THE PRIORITY ALLOCATION OF COFINIMMO'S CONVERTIBLE BOND OFFERING
Cofinimmo SA (Euronext Brussels: COFB) launched on 11.06.2013 an offering of 1,764,268 bonds at a subscription price of €108.17 per bond or 100% of nominal value. The bonds are due 20.06.2018 and are convertible into ordinary shares of the company. The offering totals €190.8 million. The bonds were initially offered and provisionally allotted (subject to clawback) only to institutional investors following an accelerated book-building on 11.06.2013, and then to existing retail shareholders in Belgium and existing institutional shareholders via a three-day priority subscription period from 12.06.2013 to 14.06.2013. In total, shareholders representing 1.69% of Cofinimmo's capital (i.e. 297,730 shares) used their priority allocation rights to participate in the offering and have thus been allotted a total of 29,773 bonds.
BNP Paribas Fortis and J.P. Morgan acted as Joint Global Coordinators and Joint Bookrunners for the offering. ING, Société Générale Corporate & Investment Banking, KBC Securities and Daiwa Capital Markets Europe acted as Joint Bookrunners for the offering.
The offering was based on a FSMA-approved securities note ("note d'opération/verrichtingsnota"), a registration document and a summary.
For more information:
Ingrid Daerden Valérie Kibieta Chloé Dungelhoeff Tel.: +32 2 373 60 42 Tel.: +32 2 373 60 36 Tel.: +32 2 373 08 77 Ellen Grauls Tel.: +32 2 373 94 21 [email protected]
Group Treasurer Financial Communication Corporate Communication [email protected] vkibieta@cofinimmo,be [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 offices and healthcare properties, and property of distribution networks. Cofinimmo is an independent company, which manages its properties in-house. It is listed on Euronext Brussels (BEL20) and benefits from the fiscal REIT regime in Belgium (Sicafi/Bevak), in France (SIIC) and in the Netherlands (FBI). Its activities are controlled by the Financial Services and Markets Authority (FSMA). At 31.03.2013, its total market capitalisation stands at €1.5 billion.
REGULATED INFORMATION
Brussels, embargo until 17.06.2013, 5:40 PM CET Not for release, publication or distribution in the United States, Australia, Canada or Japan
Disclaimer
This announcement is not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, Australia or Japan or in any other jurisdiction in which such distribution would be prohibited by applicable law.
This announcement is for general information only and does not form part of any offer to sell, or the solicitation of any offer to buy, securities. The distribution of this announcement and the offer and sale of the securities described in this announcement may be restricted by law in certain jurisdictions. Any persons reading this announcement should inform themselves of and observe any such restrictions.
Any offering and any related formal documentation will be subject to conditions and termination events, including those which are customary for such offerings.
Any such offering will not complete unless such conditions are fulfilled and any such termination events have not taken place or the failure to fulfill such a condition or the occurrence of a termination event has been waived, if applicable.
This announcement is not an offer of securities for sale in the United States or any other jurisdiction. The convertible bonds (and the company's shares) may not be offered or sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the "Securities Act"). Cofinimmo has not registered, and does not intend to register, any portion of the planned offer in the United States or to conduct an offering of securities in the United States. The offering is being made to non-US persons outside the United States in accordance with Regulation S under the Securities Act.
Any purchase of or application for convertible bonds pursuant to the offering should only be made on the basis of the information contained in the Prospectus that will be issued by Cofinimmo in due course in connection with the offering.