The proceeds of the potential bond offering will be used to repay existing debt. In this context, subject to a successful transaction, ADLER is intending to exercise its issuer call right under the 4.750% notes due 2020 (ISIN XS1211417362; WKN A14J3Z) (the 'Notes') with an outstanding principal amount of EUR 300m and to redeem all outstanding Notes at par. Should ADLER exercise its call right, a formal notice of termination will be published in accordance with the terms of the Notes.
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Adler Real Estate AG published this content on 28 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 March 2019 17:10:06 UTC