Aroundtown SA Expands Funding Strategy

Aroundtown SA announced a significant expansion of its funding strategy by issuing a €500 million bond. This bond matures in two years and features a 0.8% coupon plus 3M Euribor, hedged for the first year. The issuance targets short duration credit funds, offering a cost-effective debt solution.

Leading to this, Aroundtown has engaged in multiple transactions involving senior and perpetual notes in Euros, GBP, and CHF. These were well-received, often oversubscribed, allowing the company to extend its maturity profile and manage expenses efficiently.

The Chief Financial Officer, Jonas Tintelnot, highlighted that in 2025, the company refinanced €4.6 billion through various issuances, enhancing their capital market activities. This strategy secures debt maturities for the next two years while providing flexibility for future opportunities.