Rodamco Europe launches new bond issue (NL)

Rodamco Europe, the largest publicly listed property investment and management company in the retail sector in Europe, has mandated Goldman Sachs and UBS investment Bank to lead manage its upcoming Euro fixed rate 7-year benchmark issue (minimum €300 million). The proceeds will be used to refinance existing short term debt and general corporate purposes.

The transaction will be finalized later this week, following investor conference calls and subject to market conditions. The transactions will be documented under the updated €2.5 billion Euro Medium Term Note (EMTN) program.

Source: Rodamco Europe

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