Aroundtown SA Issues €850 Million Bond and Launches Tender Offer

Aroundtown SA announces the issuance of a €850 million 5-year senior unsecured bond with a 3.625% coupon. Signifying its first EUR senior issuance in 2026, the bond attracted strong investor interest, presenting an oversubscribed orderbook. This follows successful issuances in other currencies, like the recent CHF 180 million bond, emphasizing the company's diverse funding sources.

Additionally, the company launched a tender offer targeting its existing 0.375% 2027 notes, 5.375% 2029 notes, and 4.800% 2029 notes, which collectively hold an outstanding volume of €1.5 billion. This strategic move aims to optimize Aroundtown's capital structure and demonstrates a proactive approach to managing debt maturity while sustaining a stable cost of debt. The tender offer is set to expire on 15 July 2026.