Atrium European Real Estate Limited
EANS-Adhoc: Atrium European Real Estate Limited
ATRIUM INCREASES REVOLVING
CREDIT FACILITY TO ?300 MILLION AND EXTENDS TERM TO 2023 - ATTACHMENT
--------------------------------------------------------------------------------
Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------
No Keyword
14.05.2018
St Helier Jersey / Channel Islands -
Atrium European Real Estate Limited
ATRIUM INCREASES REVOLVING CREDIT FACILITY TO EUR300 MILLION AND EXTENDS TERM TO
2023
Ad hoc announcement - Jersey, 15 May 2018. Atrium European Real Estate Limited
(VSE/ Euronext: ATRS) ("Atrium" or the "Company" and together with its
subsidiaries, the "Group"), a leading owner, operator and redeveloper of
shopping centres and retail real estate in Central and Eastern Europe, announces
that it has refinanced on favourable conditions its EUR225 million unsecured
revolving credit facility, increased it by EUR75 million net and extended its
maturity to 2023. The new EUR300 million facility is fully unutilised as of this
date.
Commenting on the transaction, Ryan Lee, Group CFO said: "With this refinanced
revolving credit facility we have taken advantage of the continued current
favourable credit market conditions to improve the Company's financial
flexibility and to support future growth."
For further information:
FTI Consulting Inc.: +44 (0)20 3727 1000
Richard Sunderland, Claire Turvey, Ellie Sweeney
atrium@fticonsulting.com
The Company is established as a closed-end investment company incorporated and
domiciled in Jersey and regulated by the Jersey Financial Services Commission as
a certified Jersey listed fund, and is listed on both the Vienna Stock Exchange
and the Euronext Amsterdam Stock Exchange. Appropriate professional advice
should be sought in the case of any uncertainty as to the scope of the
regulatory requirements that apply by reason of the above regulation and
listings. All investments are subject to risk. Past performance is no guarantee
of future returns. The value of investments may fluctuate. Results achieved in
the past are no guarantee of future results.
Further inquiry note:
For further information:
FTI Consulting Inc.:
+44 (0)20 3727 1000
Richard Sunderland
Claire Turvey
Ellie Sweeney
atrium@fticonsulting.com
end of announcement euro adhoc
--------------------------------------------------------------------------------
Attachments with Announcement:
----------------------------------------------
http://resources.euroadhoc.com/documents/279/0/10150354/1/18_05_15_Atrium_increases_RCF_to__300m.pdf
issuer: Atrium European Real Estate Limited
Seaton Place 11-15
UK-JE4 0QH St Helier Jersey / Channel Islands
phone: +44 (0)20 7831 3113
FAX:
mail: richard.sunderland@fticonsulting.com
WWW: http://www.aere.com
ISIN: JE00B3DCF752
indexes:
stockmarkets: Luxembourg Stock Exchange, Wien
language: English