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Vonovia to exercise optional redemption of subordinated notes
Chicago, Oct. 25 – Vonovia Finance BV will exercise its option to redeem its undated subordinated notes with a first call date in 2021 (ISIN: XS1117300837) on Dec. 17, according to a notice.
The notes will be redeemed in whole at par plus any interest to the redemption date.
The rate reset was also scheduled for 2021.
The notes are guaranteed by Vonovia SE.
Vonovia Finance offers valuation of derivatives, hedge accounting, capital market analysis and financial risk management services. It is based in Eemnes, the Netherlands.
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