Aroundtown SA Issues GBP 400 Million Bond and Initiates Buyback

Aroundtown SA has announced the successful issuance of a GBP 400 million, 7-year senior unsecured bond alongside a buyback tender targeting €870 million in nominal bond amounts. The new bond, set to mature in December 2032, will hedge currency risk through a cross-currency swap into EUR, ensuring an effective Euro coupon fixed at 3.5% for the initial three years, followed by 1.15% plus 6M Euribor.

The buyback tender aims to manage debt maturities by focusing on outstanding bonds with shorter maturities and higher coupons. The tender launched on 4 December 2025, is part of a liability management strategy intending to optimize debt structure and overall debt costs. It is slated to conclude on 11 December 2025, reflecting the company's proactive debt management approach.