Adler Real Estate says amendments to 2024, 2026 notes now effective

By Marisa Wong

Los Angeles, April 27 – Adler Real Estate AG announced on Thursday that all conditions to the consent solicitations for its outstanding €300 million 2 1/8% notes due 2024 (ISIN: XS1731858715) and €300 million 3% notes due 2026 (ISIN: XS1713464524) have been satisfied.

As a result of having received the necessary consents and with all conditions having been met, the issuer and the trustee have executed a second supplemental indenture to amend the 2024 notes and entered into an amendment to amend the terms and conditions of the 2026 notes.

No other details were disclosed in Thursday’s announcement.

The real estate investment company is based in Berlin.

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