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Globalworth Real Estate Investments Limited - Tender Offer (UMDA) - Launch

Globalworth Real Estate Investments Limited announces Tender Offer

20 JUNE 2023


Full announcement including disclaimers and offer restrictions available via Euronext (Source: Globalworth Real Estate Investments Limited)


"Globalworth Real Estate Investments Limited (the “Offeror”) announces a tender offer addressed to the holders of its outstanding €550,000,000 3.000 per cent. Notes due 29 March 2025 (ISIN: XS1799975922) (the “2025 Notes”) and €400,000,000 2.950 per cent. Notes due 29 July 2026 (ISIN: XS2208868914) (the “2026 Notes” and, together with the 2025 Notes, the “Notes”; each of the 2025 Notes and the 2026 Notes a “Series”) to tender their Notes for purchase by the Offeror for cash."


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"Rationale for the Offers


The purpose of the Offers is, amongst other things, to proactively manage the Offeror’s debt maturity profile.

Any Notes purchased by the Offeror pursuant to the Offers are expected to be cancelled and will not be re-issued or re-sold.


Notes which have not been validly tendered and accepted for purchase pursuant to the Offers will remain outstanding after the Settlement Date."


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