DGAP-News: Wereldhave announces the results of its invitation to repurchase outstanding convertible bonds due 2014
(firmenpresse) - Wereldhave
28.03.2013 10:53
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The Hague, The Netherlands, 2013-03-28 10:52 CET (GLOBE NEWSWIRE) --
Wereldhave N.V. (the 'Company') announced today the results of its invitation
to holders of its [Eur] 230,000,000 4.375% Convertible Bonds due 2014 (the 'Notes')
to tender their bonds for purchase by the Company (the 'Offer').
The Expiration Deadline for the Offer was 5.00 p.m. (CET) on 27 March 2013. As
at the Expiration Deadline, [Eur] 223,750,000 in aggregate principal amount of the
Notes had been tendered pursuant to the Offer. The Company has decided to
accept all Notes validly tendered in the Offer.
As the aggregate principal amount of Notes outstanding following the settlement
of the Offer (which is expected to take place on 2 April 2013) will be less
than 20 per cent. of the aggregate principal amount of the Notes originally
issued, the Company intends to give notice to the holders of the Notes to
redeem such outstanding Notes in whole at their principal amount plus accrued
interest in accordance with the terms and conditions of the Notes.
Wereldhave is very pleased with the outcome of this transaction which allows it
to reduce and optimise its debt position following the recently announced asset
disposals. Barclays Bank PLC acted as Lead Dealer Manager and Kempen&Co N.V.
as Co-Dealer Manager on this transaction. Lucid Issuer Services Limited acted
as Tender Agent.
Capitalised terms used in this announcement but not defined have the meanings
given to them in the tender offer memorandum dated 21 March 2013 (the 'Tender
Offer Memorandum').
Information for the press:
Richard W. Beentjes
E richard.beentjes(at)wereldhave.com
T + 31 70 346 93 25
Information for analysts:
Jaap-Jan Fit
E jaapjan.fit(at)wereldhave.com
T + 31 70 307 45 43
News Source: NASDAQ OMX
28.03.2013 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Wereldhave
Netherlands
Phone:
Fax:
E-mail:
Internet:
WKN:
End of Announcement DGAP News-Service
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Unternehmensinformation / Kurzprofil:
Datum: 28.03.2013 - 10:53 Uhr
Sprache: Deutsch
News-ID 243977
Anzahl Zeichen: 6085
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Kategorie:
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