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Alstria Office REIT-AG Cancels Bonds Held by Company

Stock price chart of Alstria Office REIT-AG (EBR:AOX) showing fluctuations.

Alstria Office REIT-AG has announced the cancellation of certain bonds currently held by the company. The decision was made by the management board and involves bonds issued in 2017, 2019, and 2020.

The 2017 bond, originally of EUR 350 million, has EUR 38.6 million held by Alstria. Post-cancellation, EUR 311.4 million will remain, maturing in 2027. Similarly, the 2019 bond of EUR 400 million, with EUR 64.8 million held by the company, will leave EUR 335.2 million outstanding, maturing in 2025.

The 2020 bond, initially issued at EUR 350 million, sees EUR 15.9 million held by Alstria. After cancellation, EUR 334.1 million will remain and mature in 2026. This cancellation is set to complete by year-end and does not affect the company's IFRS financial results.

R. P.

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