Aroundtown to redeem €200 million 3% bonds due 2021 at par on May 4

By Susanna Moon

Chicago, March 29 – Aroundtown Property Holdings plc plans to call its €200 million 3% series A bonds due 2021.

The notes will be redeemed on May 4 at par plus accrued interest to but excluding the redemption date, according to a company notice.

As of Wednesday, the principal amount of the series A bonds that have been purchased or redeemed exceeds 80% of the par amount, the company said.

The issuer is a Cyprus-based real estate holding company.

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