Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
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14.05.2018
St Helier Jersey / Channel Islands –
Atrium European Real Estate Limited
ATRIUM INCREASES REVOLVING CREDIT FACILITY TO EUR300 MILLION AND EXTENDS TERM TO 2023
Ad hoc announcement – Jersey, 15 May 2018. Atrium European Real Estate Limited (VSE/ Euronext: ATRS) („Atrium“ or the „Company“ and together with its subsidiaries, the „Group“), a leading owner, operator and redeveloper of shopping centres and retail real estate in Central and Eastern Europe, announces that it has refinanced on favourable conditions its EUR225 million unsecured revolving credit facility, increased it by EUR75 million net and extended its maturity to 2023. The new EUR300 million facility is fully unutilised as of this date.
Commenting on the transaction, Ryan Lee, Group CFO said: „With this refinanced revolving credit facility we have taken advantage of the continued current favourable credit market conditions to improve the Company’s financial flexibility and to support future growth.“
For further information:
FTI Consulting Inc.: +44 (0)20 3727 1000
Richard Sunderland, Claire Turvey, Ellie Sweeney atrium@fticonsulting.com
The Company is established as a closed-end investment company incorporated and domiciled in Jersey and regulated by the Jersey Financial Services Commission as a certified Jersey listed fund, and is listed on both the Vienna Stock Exchange and the Euronext Amsterdam Stock Exchange. Appropriate professional advice should be sought in the case of any uncertainty as to the scope of the regulatory requirements that apply by reason of the above regulation and listings. All investments are subject to risk. Past performance is no guarantee of future returns. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results.
end of announcement euro adhoc
Attachments with Announcement:
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http://resources.euroadhoc.com/documents/279/0/10150354/1/18_05_15_Atrium_increases_RCF_to__300m.pdf
issuer: Atrium European Real Estate Limited
Seaton Place 11-15
UK-JE4 0QH St Helier Jersey / Channel Islands
phone: +44 (0)20 7831 3113
FAX:
mail: richard.sunderland@fticonsulting.com
WWW: http://www.aere.com
ISIN: JE00B3DCF752
indexes:
stockmarkets: Luxembourg Stock Exchange, Wien
language: English
Digital press kit: http://www.ots.at/pressemappe/2915/aom
OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS. www.ots.at
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