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Wereldhave N.V. Capital/Financing Update 2019
3898_iss_2019-05-23_6035324e-1f3f-4935-9198-bef785c0d938.pdf
Capital/Financing Update
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PRESS RELEASE
Wereldhave repaid its maturing €250m convertible bond in full
On 22 May 2019 Wereldhave N.V. repaid its maturing €250m convertible bond in full. None of the bondholders exercised its conversion rights.
The repayment was mainly funded with drawings under the Group's committed credit facilities. These facilities, amounting to €430m, were entirely undrawn prior to the repayment due to the disposal of Wereldhave's Finnish business in December 2018.
Ruud van Maanen Director Investor Relations & Corporate Development [email protected] + 31 (0) 20 702 78 43
About Wereldhave
Wereldhave invests in dominant convenience shopping centres in larger provincial cities in northwest continental Europe. The area surrounding our centres will include at least 100,000 inhabitants within 10 minutes' travel time from the centre.
We focus on shopping centres that strike a balance between convenience and shopping experience. With easy accessibility, products that cover all the daily shopping needs, a successful mix of international and local retail products and strong food anchor stores, our centres provide convenience shopping to accommodate a busy urban lifestyle as well as an ageing population.
We aim for an experience that goes beyond shopping, with restaurants, kids' playgrounds and high quality amenities in order to attract families - and keep them with us for longer visits.
For more information: www.wereldhave.com