NEPI Rockcastle : Notice of early redemption of 500,000,000 2.625 per cent guaranteed notes
January 20, 2022 at 02:41 pm
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Notice of early redemption of €500,000,000 2.625 per cent guaranteed notes
NEPI Rockcastle plc
Incorporated and registered in the Isle of Man
Registered number 014178V
Share code: NRP
ISIN: IM00BDD7WV31
("NEPI Rockcastle" or "the Company" or "the Group")
NOTICE OF EARLY REDEMPTION OF EUR500,000,000 2.625 PER CENT GUARANTEED NOTES
NEPI Rockcastle's wholly-owned subsidiary, NE Property BV ("the Issuer"), has given notice to the holders
of the outstanding EUR500,000,000 2.625 per cent. Notes due 22 May 2023 guaranteed by NEPI Rockcastle
(ISIN: XS1996435928) (the "Notes") that all of the presently outstanding Notes (EUR157,525,000 in aggregate
principal amount being outstanding as of the date of this notice), will be redeemed by the Issuer on
22 February 2022 pursuant to, and in accordance with, Condition 7(d) (Redemption, Purchase and Options -
Make-whole call) of the Conditions of the Notes.
The Notes redemption is part of NEPI Rockcastle's active liability management focused on improving cost of
capital and extending its debt maturity profile, and is supported by the comfortable liquidity position of the
Group. Following the redemption and cancellation of the Notes, the Company will have no bond maturities
outstanding until November 2024, thereby significantly improving the debt maturity profile of the Group.
The full version of the announcement is available on the Irish Stock Exchange website at the following link:
https://direct.euronext.com/api/PublicAnnouncements/RISDocument/NEPI%20-
%20Early%20Redemption%20Notice%20(Jan%202022)(10223582615.3).pdf?id=d3c47ae8-0586-4088-bba7-
b751a32d7a2c
For further information please contact:
NEPI Rockcastle plc
Alex Morar/Mirela Covasa +44 1624 654 704
JSE sponsor
Java Capital +27 11 722 3050
Euronext Listing Agent
ING Bank +31 20 563 6685
Media Relations mediarelations@nepirockcastle.com
20 January 2022
Date: 20-01-2022 04:30:00
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NEPI Rockcastle plc published this content on 20 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2022 14:40:06 UTC.
NEPI Rockcastle N.V. is one of the leading land corporations in Continental and Central Europe. Also, the group is developing a portfolio management activity for listed real estate securities.
At the end of 2023, the real estate portfolio, consisting of 62 assets with a leasable area of 2.4 million m2, amounted, in market value, to EUR 6.8 billion broken down between retail (99%) and offices (1%).
The portfolio in value is distributed geographically as follows: Romania (39.5%), Poland (26.7%), Hungary (8.4%), Slovakia (7.7%), Bulgaria (7.4%), Croatia (4.2%), Czech Republic (2.6%), Lithuania (2.3%) and other (1.2%).