Aroundtown SA Successfully Issues €850 Million Bond

Aroundtown SA has announced the successful issuance of a €850 million five-year senior unsecured bond with a 3.625% coupon. This marks the company's first Euro senior issuance for 2026, attracting substantial investor interest and resulting in an oversubscribed orderbook. The issuance follows a series of successful transactions in other currencies, such as the recent CHF 180 million bond, emphasizing Aroundtown's diverse funding sources.

In conjunction with the bond issuance, Aroundtown has initiated a tender offer targeting its 0.375% notes due 2027, 5.375% notes due 2029, and 4.800% notes due 2029, totaling €1.5 billion. This strategy aims to optimize Aroundtown's capital structure and manage its debt maturity profile efficiently, while ensuring stable debt costs. The tender offer is set to conclude on July 15, 2026.