Finanzen, Atrium European Real Estate Limited

Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.

10.09.2018 - 15:26:45

ATRIUM EUROPEAN REAL ESTATE LIMITED ANNOUNCES FINAL RESULTS OF ITS TENDER OFFERS. The issuer is responsible for the content of this announcement.

Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.

Company Information 10.09.2018

St Helier Jersey / Channel Islands - NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES") OR TO ANY U.S. PERSON OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

ATRIUM EUROPEAN REAL ESTATE LIMITED ANNOUNCES FINAL RESULTS OF ITS TENDER OFFERS

Ad hoc announcement - Jersey, 10 September 2018. Atrium European Real Estate Limited (the "Offeror") hereby announces the final results and pricing of its invitation to holders of its EUR350,000,000 4.000 per cent. Notes due April 2020 (the "2020 Notes"), and its EUR500,000,000 3.625 per cent. Notes due October 2022 (the "2022 Notes", and together with the 2020 Notes, the "Notes" and each a "Series") to tender such Notes for purchase by the Offeror for cash (each such invitation, an "Offer" and together, the "Offers").

The Offers were announced on 31 August 2018 and were made subject to satisfaction or waiver of the New Financing Condition and subject to the other terms and conditions contained in the tender offer memorandum dated 31 August 2018 (the "Tender Offer Memorandum") prepared by the Offeror. Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum.

The Expiration Deadline for the Offers was 5.00 p.m. (CET) on 7 September 2018.

As at the Expiration Deadline, EUR201,883,000 in aggregate principal amount of the 2020 Notes and EUR240,240,000 in aggregate principal amount of the 2022 Notes had been validly tendered pursuant to the Offers.

The Offeror confirms that the New Financing Condition has been satisfied.

Following the Expiration Deadline, the Offeror hereby announces that it has decided to (i) set the Final Acceptance Amount (being the aggregate principal amount of Notes to be accepted in the Offers across both Series combined) at EUR241,883,000, and (ii) accept for purchase EUR201,883,000 of the 2020 Notes EUR40,000,000 of the 2022 Notes validly tendered pursuant to the Offers, subject to the applicable Pro-ration factors, as set out below.

The Purchase Price in respect of the 2022 Notes accepted for purchase was determined at or around 12.00 p.m. (CET) today. The Purchase Price in respect of the 2020 Notes was determined on the basis of a fixed yield as described in the Tender Offer Memorandum, all as set out below.

____________________________________________________________________________________________________________ | | | | | | | | | |Outstanding | | | ISIN / | Outstanding | |Purchase|Purchase|Purchase| Series | Pro- |Principal | |Notes|Common Code | Principal |Benchmark| Spread | Yield | Price | Acceptance |ration |Amount after | | | | Amount | | | | | Amount |factor |Settlement | |_____|____________|______________|_________|________|________|________|______________|_______|Date__________| |2020 |XS0918754895| | | | 0 per |106.422 | | | | |Notes|/ 091875489 |EUR335,050,000| N/A | N/A | cent. | per |EUR201,883,000| N/A |EUR133,167,000| |_____|____________|______________|_________|________|________|_cent.__|______________|_______|______________| |2022 |XS1118586244| |0.135 per| | 1.485 |107.946 | | | | |Notes|/ 111858624 |EUR498,588,000| cent. |+135 bps| per | per |EUR40,000,000 |0.18371|EUR458,588,000| |_____|____________|______________|_________|________|_cent.__|_cent.__|______________|_______|______________|

The applicable Purchase Price together with Accrued Interest will be paid to Noteholders whose Notes have been accepted for purchase by the Offeror. Settlement is expected to occur on 11 September 2018.

THE DEALER MANAGERS Deutsche Bank AG, London Branch HSBC Bank plc Winchester House 8 Canada Square 1 Great Winchester Street London E14 5HQ London EC2N 2DB United Kingdom United Kingdom Telephone: +44 20 7992 6237 Telephone: +44 20 7545 8011 Attention: Liability Management Group Attention: Liability Management Group Email: LM_EMEA@hsbc.com

THE TENDER AGENT Deutsche Bank AG, London Branch Winchester House 1 Great Winchester Street London EC2N 2DB United Kingdom Telephone: 020 7547 5000 Attention: Trust and Agency Services Email: xchange.offer@db.com

For further information: FTI Consulting Inc.: +44 (0)20 3727 1000 Richard Sunderland atrium@fticonsulting.com

DISCLAIMER The offer period for the Offers has now expired. No further tenders of any Notes may be made pursuant to the Offers. This announcement must be read in conjunction with the Tender Offer Memorandum. This announcement and the Tender Offer Memorandum contain important information which should be read carefully. If any Noteholder is in any doubt as to the contents of this announcement and/or the Tender Offer Memorandum or the action it should take, it is recommended to seek its own financial advice, including in respect of any tax consequences, from its broker, bank manager, solicitor, accountant or other independent financial, tax or legal adviser. The Dealer Managers and the Tender Agent do not accept any responsibility for the accuracy or completeness of the information contained in this announcement or the Tender Offer Memorandum including (without limitation) information concerning the Offeror or its subsidiaries and affiliates or for any failure by the Offeror to disclose events that may have occurred and may affect the significance or accuracy of such information.

Further inquiry note: For further information: FTI Consulting Inc.: +44 (0)20 3727 1000 Richard Sunderland Claire Turvey Richard.sunderland@fticonsulting.com

end of announcement euro adhoc

issuer: Atrium European Real Estate Limited Seaton Place 11-15 UK-JE4 0QH St Helier Jersey / Channel Islands phone: +44 (0)20 7831 3113 FAX: mail: richard.sunderland@fticonsulting.com WWW: http://www.aere.com ISIN: JE00B3DCF752 indexes: stockmarkets: Luxembourg Stock Exchange, Wien language: English

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