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Citycon Treasury B.V. - Tender Offer 2024 (XS) - Launch

Citycon Treasury B.V. announces Tender Offer for its outstanding EUR 310,342,000 2.50 per cent Guaranteed Notes due 2024 - XS1114434167

27 FEBRUARY 2024


Full announcement including disclaimers and offer/distribution restrictions available via Euronext


Citycon Treasury B.V. (the “Offeror”) announces today its invitation to holders of its outstanding EUR 310,342,000 2.50 per cent Guaranteed Notes due 2024 guaranteed by Citycon Oyj (the “Guarantor”) (ISIN: XS1114434167) issued in separate tranches on 1 October 2014 and 10 June 2020 (the “Securities”), to tender any and all of their Securities for purchase by the Offeror for cash (the “Offer”) on the terms and subject to the conditions set out in the tender offer memorandum dated 27 February 2024 (the “Tender Offer Memorandum”) prepared by the Offeror. 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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Summary of the Offer


A summary of certain terms of the Offer appears below:




Rationale for the Offer


The purpose of the Offer, in conjunction with the issue of the New Notes (as defined below), is, amongst other things, to refinance the Offeror’s short-term debt maturities and manage the Offeror’s and the Guarantor’s debt maturity profile."


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