Public offering of a five-year bond with a 5.375% gross interest rate for an amount of € 40 million (BE)

ATENOR GROUP is announcing the issuance of a five-year bond for an amount of €40 million in the form of a public offering to retail and institutional investors in Belgium and the Grand Duchy of Luxembourg.

The net proceeds of the offering will be allocated to the financing of the construction of the projects in the portfolio as an addition to, or a substitute for, bank financing (which is granted more sparingly), thereby ensuring a diversification of the financing sources of the Group.

The proceeds from the issuance could also serve to reimburse the commercial paper arriving at maturity within the normal framework of their programme. The issue price is set at 101.875% of the nominal value of the bonds with a gross interest rate of 5.375%, payable on October 26 each year.

The gross actuarial yield of the issue price will amount to 4.943%. The bonds will give the right to repayment at 100% of their nominal value at maturity, on October 26, 2017.

The bonds shall be drawn up in tranches of €1,000. The subscription period will be open from October 18, 2012 (9:00 am) to October 22, 2012 (4:00 pm) subject to early closing. The payment date of the bonds is set at October 26, 2012.

A request has been submitted in order to obtain the admission to trading of the bonds on the regulated market of Euronext Brussels. The banks Belfius and Degroof are acting as Joint Bookrunners and Joint Lead Managers within the framework of the issuance and placement of the bonds. The law firm NautaDutilh advised Atenor Group in this operation.

The complete prospectus (in French) describing the operation and its procedures can be obtained free of charge as from October 16, 2012 at Atenor Group's headquarters, or consulted on the internet site of Atenor Group (, Belfius Bank SA (, Bank Degroof SA( and the FSMA ( Investors can subscribe to the bonds issued by ATENOR GROUP or obtain more information by contacting Belfius Bank or Bank Degroof.

Source: Atenor Group

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