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Prospect News home > News index > List of issuers A > Headlines for Aroundtown SA > News item |
Aroundtown will not use first available call date on perpetuals
Chicago, June 14 – Aroundtown SA announced that it will not be using its first call date to redeem its $700 million 5.25% perpetual notes (ISIN: XS1634523754).
The interest rate will instead reset on July 21.
The decision is based on market conditions.
Aroundtown may redeem the notes on every future interest payment date.
The issuer is a Luxembourg-based commercial real estate company.
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