Alstria Office REIT-AG Plans €500 Million Bond Issuance

Alstria office REIT-AG intends to issue a corporate bond with a nominal value of €500 million. This announcement was made on March 10, 2025. The new bond, referred to as "New Notes," will have a maturity of approximately six years and be denominated at €100,000 each. The precise terms of the bond, like the interest rate, will be finalized after the bookbuilding process.

The company plans to use the proceeds from the issuance of the New Notes to refinance existing debts and for general corporate purposes. Alstria expects the New Notes to receive a 'BB+' rating from Standard & Poor’s. Additionally, these notes will be traded on the Euro MTF market of the Luxembourg Stock Exchange.

Alstria is inviting holders of its existing bonds, due in 2025, 2026, and 2027, to tender their bonds for purchase. The acceptance of tendered bonds will hinge on the successful issuance of the New Notes. The tender offer is open from March 10 to March 18, 2025.