DGAP-News: Adler Group S.A. / Key word(s): Bond 
Adler Group S.A. realises synergies and further simplifies its group structure 
2021-05-05 / 15:09 
The issuer is solely responsible for the content of this announcement. 
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Adler Group S.A. realises synergies and further simplifies its group structure 
  . Redemption of EUR 450m high yield bond issued by Consus 
  . WACD to reduce to 2.2% and leading to realisation of further EUR 33m of annualised financial synergies 
  . WESTGRUND squeeze out expected to be completed in second half of 2021 
Berlin, 5 May 2021 - Consus Real Estate AG ("Consus"), fully consolidated subsidiary of Adler Group S.A. ("Adler Group 
"), has announced yesterday that it will redeem all of its EUR 450m 9.625% senior secured notes due 2024 (the "Notes") 
at the redemption price of 104.813%. The redemption date for the Notes will be on 15 May 2021. The Notes will be repaid 
with the proceeds from the recent bond issuance of Adler Group. 
This refinancing will enable Adler Group to reduce its weighted average cost of debt to 2.2% and realise further EUR 
33m of annualised financial synergies. 
The redemption of the Notes, together with the squeeze out of minority shareholders of WESTGRUND Aktiengesellschaft 
which is expected to be completed in the second half of 2021, mark an important milestone on the way to further 
simplify and harmonise the group structure. 
Contact: 
Investor Relations 
T +352 278 456 710 
F +352 203 015 00 
E investorrelations@adler-group.com 
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2021-05-05 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      Adler Group S.A. 
              1B Heienhaff 
              1736 Senningerberg 
              Luxemburg 
Phone:        +352 278 456 710 
Fax:          +352 203 015 00 
E-mail:       investorrelations@adler-group.com 
Internet:     www.adler-group.com 
ISIN:         LU1250154413 
WKN:          A14U78 
Indices:      SDAX, FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany 
              Index 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX 
EQS News ID:  1192913 
 
End of News   DGAP News Service 
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1192913 2021-05-05


 
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(END) Dow Jones Newswires

May 05, 2021 09:10 ET (13:10 GMT)