BRIEF

on Aroundtown S.A. (isin : LU1673108939)

Aroundtown SA Issues €850 Million Bond to Optimize Debt

Aroundtown SA has issued a €850 million senior unsecured bond with a 5.25-year maturity, set to mature in January 2031. The bond carries a coupon of 3.25%, lower than previous issuances, indicating a reduction in the company's cost of debt.

The issuance was met with strong demand, with the orderbook being over three times oversubscribed. Concurrently, Aroundtown launched a buyback tender for €1.6 billion in bonds. This move is part of a strategy to manage debt maturities and interest expenses effectively, focusing on bonds with shorter maturities and higher coupons.

The tender is part of Aroundtown's continued efforts to optimize its debt profile. It began on September 25, 2025, and is set to expire on October 2, 2025.

R. P.

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