Icade begins redemption offer for €1 billion of bonds due 2019, 2021

By Marisa Wong

Morgantown, W.Va., Nov. 8 – Icade announced it launched an offer to redeem two series of its existing bonds in cash.

The two bonds are the €500 million 2.25% bond due in January 2019 and the €500 million 2.25% bond due in April 2021.

BNP Paribas, HSBC Bank plc and Societe Generale are active bookrunners for the redemption offer, which is scheduled to end on Nov. 15.

Icade is a real estate investment company based in Paris.

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