Rodamco Europe successfully issues €500 million bond issue (NL)

Rodamco Europe successfully issued a €500 million seven year fixed rate bond. The new issue carries a coupon of 3.75% and was sold to international institutional investors. The proceeds will be used to refinance existing short-term debt, and for general corporate purposes.

CEO Maarten Hulshoff: "Due to the high demand from investors Rodamco Europe decided to increase the size of the bond issue from €300 million to €500 million. This transaction further underlines Rodamco Europe's strategy to lock-in attractive long-term fixed rate financing."

Source: Rodamco Europe

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