Withdrawal of Offering of up to EUR 220 million 5-year Convertible Bonds and concurrent Open Market Repurchase of EUR 230 million 2.875% Convertible Bonds due 2015 via a Reverse Bookbuilding
Wereldhave has decided not to proceed with the Open Market Repurchase of EUR 230 million 2.875% Convertible Bonds due 2015 and Offering of up to EUR 220 million 5-year Convertible Bonds due 2018. Holders of the Convertible Bonds have been approached to consider an open market repurchase and the concurrent issue of new bonds. It has been concluded that there was insufficient interest for the combined transaction. Wereldhave will continue to explore refinancing options in order to optimize its debt maturity profile at attractive terms for its shareholders.
Contacts:
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ABN AMRO Bank N.V. Gustav Mahlerlaan 10 PO Box 283 (HQ 7050) 1000 EA Amsterdam The Netherlands |
Telephone: +31 20 628 8044 Attention: Head of ECM Syndicate (Chris van Eeghen) Group Email: chris.van.eeghen@nl.abnamro.com |
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Barclays Bank PLC 5 The North Colonnade Canary Wharf London E14 4BB United Kingdom |
Telephone: +44 207 773 8990 Attention: Liability Management Group Email: eu.lm@barclays.com |
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UBS Limited One Finsbury Avenue London EC2M 2PP United Kingdom |
Telephone: +44 (0)20 7567 0525 Attention: Liability Management Group Email: mark-t.watkins@ubs.com |
Dated November 25 2013
| Information for the Press: | Information for Analysts: |
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Wereldhave N.V. Richard W. Beentjes E richard.beentjes@wereldhave.com T +31 20 702 78 00 |
Wereldhave N.V. Jaap-Jan Fit E jaapjan.fit@wereldhave.com T +31 20 702 78 43 |
