Reditum extends €200 million notes by six months to January 2021

By Sarah Lizee

Olympia, Wash., July 14 – Reditum SA said it has adopted two extraordinary resolutions under its €200 million fixed-rate notes due July 20, 2020 (ISIN: XS1257166956) following an extraordinary meeting of bondholders on July 14.

A quorum was present at the meeting, and the following resolutions were adopted by way of majority decision:

• Extension of the maturity of the bonds for a period of six months to Jan. 15, 2021; and

• Approval for the issuer to redeem the bonds at any time before the new maturity.

Reditum is a Luxembourg-based company within the Larmag Group, an Amsterdam-based investment group focused primarily on real estate investments.

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