Wereldhave repaid its maturing €250m convertible bond in full

Press release
23 May 2019, 07:00 AM CEST

Wereldhave repaid its maturing €250m convertible bond in full

On 22 May 2019 Wereldhave N.V. repaid its maturing €250m convertible bond in full. None of the bondholders exercised its conversion rights.

The repayment was mainly funded with drawings under the Group’s committed credit facilities. These facilities, amounting to €430m, were entirely undrawn prior to the repayment due to the disposal of Wereldhave’s Finnish business in December 2018.

Press Release Wereldhave repaid its maturing €250m convertible bond in full