Rodamco Europe, the largest publicly listed property investment and management company in the retail sector in Europe, has mandated Citigroup, Morgan Stanley and UBS Investment Bank to lead manage both a fixed rate, as well as a floating rate, Eurobond issue of approximately € 600 million in total.
The transactions will be finalised later this month, subject to market conditions. The transactions will be documented under the newly established € 2.0 billion Euro Medium Term Note (EMTN) program. The proceeds will be used to refinance existing short term debt.
Source: Rodamco