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2015-12-14

DGAP-News: Wereldhave successfully secures long term funding

AP-News: Wereldhave
Wereldhave successfully secures long term funding

14.12.2015 / 17:41
The issuer is solely responsible for the content of this announcement.

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Wereldhave N.V. successfully secures US Private Placement funding of EUR 86
million with a tenor of 10 years at all in cost of 2.9%.

Schiphol, the Netherlands, 2015-12-14 17:41 CET (GLOBE NEWSWIRE) --

Wereldhave N.V. ('Wereldhave') has reached agreement with US and UK
institutional investors to issue US Private Placement Notes for a total amount
of approximately EUR 86 million equivalent.

With this US Private Placement Wereldhave extends the maturity profile of its
debt in a low interest rate environment. The transaction closed today.

The notes are denominated in US Dollars (70 million) and British Pounds (15
million) and have a tenor of 10 years.

The notes have been swapped into Euros at fixed interest rates, until maturity.
The weighted average interest cost for Wereldhave is 2.9% (after currency and
interest rate swaps).

Wereldhave has tapped the US private placement market successfully since 2011.
Through this placement, Wereldhave was able to further diversify its investor
base, in addition to receiving support from its existing lenders. The company
is thankful to these investors for their continued support.

Barclays acted as sole agent in this transaction. Swaps were effectuated with
ING and Barclays.

Information for the press:
Richard W. Beentjes
E richard.beentjes@wereldhave.com
T + 31 20 702 78 32

Information for analysts:
Jaap-Jan Fit
E jaapjan.fit@wereldhave.com
T + 31 20 702 78 43

Click on, or paste the following link into your web browser, to view
the associated documents

https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachme...
617

News Source: NASDAQ OMX

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14.12.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Wereldhave

Netherlands

End of News DGAP News Service
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423547 14.12.2015

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