Rodamco Europe signs euro medium term note program and launches new bond issues (NL)

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

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