Launch convertible bonds

OFFERING OF UP TO EUR 275 MILLION 5-YEAR CONVERTIBLE BONDS

CONCURRENT OPEN MARKET REPURCHASE IN RESPECT OF UP TO EUR 100 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF WERELDHAVE’S EUR 230 MILLION 2.875% CONVERTIBLE BONDS DUE 2015 VIA A REVERSE BOOKBUILDING

Amsterdam, 15 May 2014 – Wereldhave N.V. (“Wereldhave” or the “Company”) announces today the launch of (i) an offering of new convertible bonds of an initial principal amount of EUR 250 million, which may be increased to a maximum principal amount of EUR 275 million (the “New Bonds”) and (ii) a proposed repurchase of up to EUR 100 million in aggregate principal amount (the “Acceptance Amount”) of its outstanding EUR 230 million 2.875% convertible bonds due 2015 (ISIN: XS0550864192) (the “Outstanding Bonds”) by way of an open market repurchase to be financed by the proceeds of the offering of the New Bonds.

For full press release, download the pdf below.

Press Release: Launch Convertible Bonds