wereldhave successfully secures long term funding

Press release
14 December 2017, 04:20 PM CET

Wereldhave N.V. (’Wereldhave’) has reached agreement with US institutional investors to issue US private placement notes for a total amount of approximately EUR 76 million.

With this US private placement, Wereldhave extends the maturity profile of its debt in a low interest rate environment. The transaction closed today.

The 2.09% notes are denominated in Euros and have a tenor of 10 years.

Wereldhave has tapped the US private placement market successfully since 2011. Through this placement, Wereldhave was able to further diversify its investor base.

Barclays acted as sole agent in this transaction.

Press Release: Wereldhave successfully secures long term funding