Unibail-Rodamco’s €1.0 billion of bonds issuance attracted more than €5 billion of demand in less than 2 hours

Paris, Amsterdam, 2016-Apr-22 — /EPR Retail News/ — Unibail-Rodamco has successfully placed two bonds of which:

  • A €500 Mn bond with an 11-year maturity and a 1.125% coupon;
  • A €500 Mn bond with a 20-year maturity, the longest maturity ever for a real estate company in the Euro market, and a coupon of 2.0%.

These issuances attracted more than €5 billion of demand in less than 2 hours.

The Group also simultaneously launched a tender offer on 8 of its existing bonds maturing in June 2017, December 2017, August 2018, October 2018, March 2019, November 2020, February 2021 and June 2023. The tender offer period is expected to end April 26, 2016.

These transactions are part of the proactive management of Unibail-Rodamco’s balance sheet, which aims to extend the average maturity of its debt and optimize its cost of debt.

For further information, please contact:

Investor Relations
Marine Huet
+33 1 76 77 58 02
marine.huet@unibail-rodamco.com

Zeineb Slimane
+33 1 76 77 57 22
zeineb.slimane@unibail-rodamco.com

Antoine Onfray
+33 1 53 43 72 87
antoine.onfray@unibail-rodamco.com

Media Relations
Pauline Duclos-Lenoir
+33 1 76 77 57 94
pauline.duclos-lenoir@unibail-rodamco.com

About Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe’s largest listed commercial property company, with a presence in 12 EU countries, and a portfolio of assets valued at €37.8 billion as of December 31, 2015. As an integrated operator, investor and developer, the Group aims to cover the whole of the real estate value creation chain. With the support of its 1,996 professionals, Unibail-Rodamco applies those skills to highly specialised market segments such as large shopping centres in major European cities and large offices and convention & exhibition centres in the Paris region.

The Group distinguishes itself through its focus on the highest architectural, city planning and environmental standards. Its long term approach and sustainable vision focuses on the development or redevelopment of outstanding places to shop, work and relax. Its commitment to environmental, economic and social sustainability has been recognised by inclusion in the DJSI (World and Europe), FTSE4Good and STOXX Global ESG Leaders indexes.

The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50 indices. It benefits from an A rating from Standard & Poor’s and FitchRatings. For more information, please visit our website: www.unibail-rodamco.com

John Lewis plc priced the issue of £300,000,000 4.25% bonds due 2034 in the wholesale institutional bond markets

LONDON, 2014-11-28 — /EPR Retail News/ — John Lewis plc announces that it has today priced the issue of £300,000,000 4.25% bonds due 2034 (the “Bonds”) in the wholesale institutional bond markets.

The bonds are expected to be issued on 4 December and to be listed on the Official List and admitted to trading on the regulated market of the London Stock Exchange. They are issued in minimum denominations of £100,000 and have principally been sold to professional institutional investors. The joint bookrunners of the issue were Barclays, Goldman Sachs, HSBC, J. P. Morgan, Lloyds Bank and The Royal Bank of Scotland. Rothschild provided independent advice to John Lewis.

The proceeds of the issue will be used to prepay previously-agreed deficit-reduction contributions to the John Lewis Pension Fund.

The prospectus relating to the Bonds will be published on the website of the Regulatory News Service operated by the London Stock Exchange on or around 2 December 2014.

This announcement does not constitute an offer or invitation to sell, or any solicitation of any offer to subscribe for or purchase any securities, and nothing contained herein shall form the basis of any contract or commitment whatsoever.

This announcement is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth entities, and other persons to whom it may lawfully be communicated (all such persons together being referred to as “relevant persons”). Any investment activity to which this communication may relate is only available to, and any invitation, offer, or agreement to engage in such investment activity will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

Neither this announcement nor any copy of it may be taken or transmitted into, or distributed, directly or indirectly in, the United States of America, its territories or possessions. This announcement is not a public offer of securities for sale in the United States. The bonds have not been and will not be registered under the US Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. John Lewis plc does not intend to register any portion of the bonds under the applicable securities laws of the United States or conduct a public offering of the bonds in the United States. Any failure to comply with these restrictions may constitute a violation of U.S. securities laws. The distribution of this announcement in other jurisdictions may also be restricted by law, and persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions.

Notes to Editors
The John Lewis Partnership – The John Lewis Partnership operates 43 John Lewis shops across the UK (31 department stores, 10 John Lewis at home and shops at St Pancras International and Heathrow Terminal 2), johnlewis.com, 332 Waitrose shops, waitrose.com and business to business contracts in the UK and abroad. The business has annual gross sales of over £10bn. It is the UK’s largest example of worker co-ownership where all 90,000 staff are Partners in the business.

Enquiries

For further information please contact:

Citigate Dewe Rogerson
Simon Rigby
Telephone: 020 7638 9571