Aroundtown Expands Funding with New €500 Million Bond

Aroundtown SA has announced the issuance of a €500 million bond, maturing in two years and callable after one. The bond offers a low coupon rate of 0.8% plus 3M Euribor, hedged for the first year. This new issuance aims at low-cost debt targeted towards short duration credit funds. This move is part of Aroundtown's strategy to diversify funding sources.

The issuance follows successful transactions in both senior and perpetual notes across multiple currencies. The company's actions intend to extend its maturity profile while managing expenses effectively. Jonas Tintelnot, CFO, highlighted the strong investor support received in 2025, ensuring debt maturities are covered for the next two years, alongside sufficient flexibility for investment opportunities.