Citycon Oyj to issue EUR 50 million domestic bond
(Thomson Reuters ONE) - CITYCON OYJ Stock Exchange Release 30 November 2009 at 19.00 hrsThe Board of Directors of Citycon Oyj has on 30 November 2009resolved to issue a domestic unsecured bond up to a maximum amount ofEUR 50,000,000 (the "Bond"). The Bond is offered for subscription inan offering mainly to Finnish retail investors and selectedinternational investors. The issued aggregate principal amount of theBond is expected to be confirmed on or about 14 December 2009.The Bond will be issued in the form of book-entry notes in the OMsystem of Euroclear Finland Ltd. The notes are issued in principalamounts of EUR 1,000 and redeemed at 100 per cent of their principalamount. The minimum subscription amount of the notes is EUR 5,000 andthe subscription period of the notes is expected to commence on orabout 3 December 2009 following the approval of the Offering Note bythe Finnish Financial Supervisory Authority and to end on 11 December2009. The Offering Note containing the terms and conditions of theBond and other information on the Bond, is expected to be availableon 3 December 2009 following the approval of the Finnish FinancialSupervisory Authority. The maturity of the Bond is from 16 December2009 through 16 December 2014, unless previously redeemed orrepurchased from the secondary market. The interest rate for the Bondis 5.10 per cent, payable annually on 16 December until maturity.The company will apply for the listing of the Bond on the OfficialList of NASDAQ OMX Helsinki Ltd. Public trading in the notes isexpected to commence on or about 16 December 2009.The net proceeds of the offering received by Citycon are intended tobe used to finance redevelopment projects and potential acquisitionsin accordance with the company's investment strategy.The lead manager of the issue is Nordea Bank Finland Plc.Helsinki, 30 November 2009CITYCON OYJThe Board of DirectorsFor further information, please contact:Petri Olkinuora, CEOTel. +358 20 766 4401 or mobile +358 400 333 256petri.olkinuora(at)citycon.fiEero Sihvonen, CFO, Executive Vice PresidentTel. +358 20 766 4459 or mobile +358 50 557 9137eero.sihvonen(at)citycon.fiDistribution:NASDAQ OMX HelsinkiMajor mediawww.citycon.comTHESE MATERIALS ARE NOT AN OFFER FOR SALE OF THE BONDS IN THE UNITEDSTATES OR IN ANY OTHER JURISDICTION. THE BONDS MAY NOT BE SOLD IN THEUNITED STATES WITHOUT REGISTRATION OR AN EXEMPTION FROM REGISTRATIONUNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED. CITYCON OYJ DOESNOT INTEND TO REGISTER ANY PORTION OF SUCH OFFERING IN THE UNITEDSTATES OR TO CONDUCT A PUBLIC OFFERING OF SECURITIES IN THE UNITEDSTATES.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 30.11.2009 - 18:00 Uhr
Sprache: Deutsch
News-ID 9043
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