Citycon Oyj - Tender Offer - Results

Citycon Oyj announces the results of its tender offer for outstanding notes due 2024 of Citycon Treasury B.V. - XS1114434167

29 MAY 2023

Full announcement available via EURONEXT

"The Company today announces that it will accept for purchase EUR 138,275,000 in aggregate principal amount of Securities validly tendered pursuant to the Offer. The total purchase consideration (including Accrued Interest Payments) for Securities validly tendered and accepted for purchase pursuant to the Offer will be EUR 137,110,080.32 (the “Total Purchase Consideration”), which will be funded by cash on the Company’s balance sheet.

The final results of the Offer are as follows:

All Securities validly tendered have been accepted for purchase by the Company.

The expected Settlement Date is 31 May 2023. Full details concerning the Offer are set out in the Tender Offer Memorandum.

The Offer has now expired and no further Securities can be tendered for purchase pursuant to the Offer."

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Citycon Oyj Tender Offer Launch - XS1114434167

22 MAY 2023

Full announcement available via EURONEXT

"Citycon Oyj (the “Company”) announces today its invitation to holders of the outstanding EUR 457,617,000 2.50 per cent Guaranteed Notes due 2024 of Citycon Treasury B.V. guaranteed by the Company (ISIN: XS1114434167) issued in separate tranches on 1 October 2014 and 10 June 2020 (the “Securities”), to tender such Securities for purchase by the Company for cash (the “Offer”) on the terms and subject to the conditions set out in the tender offer memorandum dated 22 May 2023 (the “Tender Offer Memorandum”) prepared by the Company. The Offer is subject to the offer and distribution restrictions set out below and as more fully described in the Tender Offer Memorandum."

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"Rationale for the Offer

The purpose of the Offer is, amongst other things, to deleverage the Company’s balance sheet and manage the debt maturity profile."

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*** PREVIOUS CITYCON OYK OFFER BELOW***

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Citycon Oyj Tender Offer - Unmodified Dutch Auction - Results Announcement

16 JANUARY 2023

Full announcement available via EURONEXT.

"The Company today announces that it will accept for purchase EUR 57,393,000 in aggregate principal amount of Securities validly tendered pursuant to the Offers, including all Securities validly tendered by way of Non-Competitive Tender Instructions. The total purchase consideration (including Accrued Interest Payments) for Securities validly tendered and accepted for purchase pursuant to the Offers will be EUR 41,429,025.08 (the “Total Purchase Consideration”), which will be funded by cash on the Company’s balance sheet.

The final results of the Offers are as follows:

Holders who have tendered their Securities for purchase pursuant to the Offers are advised to check with the bank, securities broker, custodian, trust company, direct participant or other intermediary through which they hold their Securities to determine whether their tendered Securities have been accepted for purchase by the Company.

Any Securities that have been tendered by way of Competitive Tender Instructions but not accepted by the Company for purchase pursuant to the Offers shall be unblocked in the relevant Holder’s account in the relevant Clearing System.

The expected Settlement Date in respect of the accepted Offers is 18 January 2023. Full details concerning the Offers are set out in the Tender Offer Memorandum.

The Offers have now expired and no further Securities can be tendered for purchase pursuant to the Offers."

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Citycon Oyj Launches Tender Offer - Unmodified Dutch Auction - XS1114434167 - XS2079413527 - XS2347397437

9 JANUARY 2023

"Citycon Oyj (the “Company”) announces today its separate invitations to holders of the outstanding EUR 494,000,000 2.50 per cent Guaranteed Notes due 2024 of Citycon Treasury B.V. guaranteed by the Company (ISIN: XS1114434167) issued in separate tranches on 1 October 2014 and 10 June 2020, EUR 350,000,000 Subordinated Fixed to Reset Rate 5.25 year Non-Call Undated Green Capital Securities issued by it on 22 November 2019 (ISIN: XS2079413527) (the “2019 5.25 Year Non-Call Securities”) and EUR 350,000,000 Subordinated Fixed to Reset Rate 5.25 year Non-Call Undated Green Capital Securities issued by it on 4 June 2021 (ISIN: XS2347397437) (the “2021 5.25 Year Non-Call Securities”) (each a “Series” and together, the “Securities”), to tender such Securities for purchase by the Company for cash (such invitations together, the “Offers” and each an “Offer”) at prices to be determined pursuant to a separate unmodified Dutch auction in respect of each Series, on the terms and subject to the conditions set out in the tender offer memorandum dated 9 January 2023 (the “Tender Offer Memorandum”) prepared by the Company. The Offers are subject to the offer and distribution restrictions set out below and as more fully described in the Tender Offer Memorandum.. "

Full announcement available via EURONEXT.

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"Rationale for the Offers

The purpose of the Offers is, amongst other things, to deleverage the Company’s balance sheet and manage the debt maturity profile. "