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Covivio — Capital/Financing Update 2016
May 9, 2016
1222_iss_2016-05-09_49abf303-c3e7-4daa-be61-ff19e5b0511a.pdf
Capital/Financing Update
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Not for distribution, directly or indirectly, in the United States of America, Australia, Japan or Canada
PRESS RELEASE
Paris, 9 May 2016
Foncière des Régions announces the commencement of an offer to purchase on its notes due January 2018
Foncière des Régions (the Company) today announces the commencement of an offer to purchase (the Offer) for cash any and all of its 3.875 per cent. Notes due January 2018 (ISIN: FR0011345545) (the Notes). The Notes have an aggregate principal amount outstanding of Euro 500,000,000. The purpose of the Offer is to improve the debt maturity profile of the Company.
The Offer will remain open until 17 May 2016, unless extended or early terminated. The results of the Offer are expected to be announced on 18 May 2016 and the settlement date is expected to occur on 20 May 2016.
Foncière des Régions is making the Offer only by, and pursuant to the terms of the Offer. The Offer is not being made to (nor will tenders of Notes be accepted from or on behalf of) holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities other laws of such jurisdiction.
This press release and the information contained herein do not constitute an offer to purchase nor a solicitation to sell the Notes, nor an invitation to participate to the Offer. The distribution of this press release may be restricted in some countries and be subject to specific regulations and persons in possession of this press release should inform themselves about and comply with any applicable restrictions.
Press Relations Géraldine Lemoine Tel : + 33 (0)1 58 97 51 00 [email protected]
Investor Relations Paul Arkwright Tel : + 33 (0)1 58 97 51 85 [email protected]
Foncière des Régions, co-créateur d'histoires immobilières
As a key player in real estate, Foncière des Régions has built its growth and its portfolio on the key and characteristic value of partnership. With a total portfolio valued at €17Bn (€11Bn in group share), located in the high-growth markets of France, Germany and Italy, Foncière des Régions is now the recognised partner of companies and territories which it supports with its two-fold real estate strategy: adding value to existing urban property and designing buildings for the future.
Foncière des Régions mainly works alongside Key Accounts (Orange, Suez Environnement, EDF, Dassault Systèmes, Thales, Eiffage, etc) in the Offices market as well as being a pioneering and astute operator in the two other profitable sectors of the Residential market in Germany and Hotels in Europe.
Foncière des Régions shares are listed in the Euronext Paris A compartment (FR0000064578 - FDR), are admitted to trading on the SRD, and are included in the composition of the MSCI, SBF 120, Euronext IEIF "SIIC France" and CAC Mid100 indices, in the "EPRA" and "GPR 250" benchmark European real estate indices, and in the FTSE4 Good, DJSI World and Euronext Vigeo (World 120, Eurozone 120, Europe 120 et France 20) ethical indices. Foncière des Régions is rated BBB/Stable by Standard and Poor's.