Atrium European Real Estate Limited

EANS-Adhoc: Atrium European Real Estate Limited

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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                      Atrium European Real Estate Limited
                           ("Atrium" or the "Group")

Ad hoc announcement - Jersey, 16 October 2014. Atrium European Real Estate
Limited (VSE/Euronext: ATRS), a leading owner, operator and developer of
shopping centres and retail real estate in Central and Eastern Europe, announces
that it has successfully issued a EUR350 million unsecured eight year eurobond
(the "Bond"), maturing in October 2022 bearing a fixed coupon of 3.625% per
annum. The issue price was 99.788%.
The Bond has been placed with a broad range of institutional debt investors
across Europe.
Both Standard & Poor's and Fitch have assigned a BBB- investment grade credit
rating to the Bond, in line with Atrium's corporate rating, which was reaffirmed
earlier this month with a stable outlook.
The proceeds of the issue will strengthen Atrium's liquidity and will be used
for acquisitions, refinancing of the Group's existing debt, other investment
property activities and general corporate purposes.
In addition, Atrium has signed two five-year revolving credit lines for a total
of EUR50 million.
Commenting on the transaction, Rachel Lavine, CEO of Atrium, said:  "This
issuance has been a solid success for Atrium, as evidenced by the level of over-
subscription and the fact that the books were closed within a couple of hours.
Our second unsecured eurobond together with the new revolving credit lines we
have agreed, further affirm the success we have achieved so far in delivering
our strategy. This issuance and the new revolving facilities provide us with
greater financial flexibility to build on the momentum achieved with our recent
acquisition and at the same time extend the average maturity of our debt
portfolio at attractive costs."
Ljudmila Popova                                         

Press & Shareholders: 
FTI Consulting  +44 (0)20 3727 1489

Richard Sunderland/ Claire Turvey/ Nick Taylor             

Atrium is established as a closed-end investment company incorporated and
domiciled in Jersey and regulated by the Jersey Financial Services Commission as
a certified Jersey listed fund, and is listed on both the Vienna Stock Exchange
and the NYSE Euronext Amsterdam Stock Exchange. Appropriate professional advice
should be sought in the case of any uncertainty as to the scope of the
regulatory requirements that apply by reason of the above regulation and
listings.  All investments are subject to risk. Past performance is no guarantee
of future returns. The value of investments may fluctuate. Results achieved in
the past are no guarantee of future results.
The information contained herein does not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities
referred to herein in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration, exemption from registration or
qualification under the securities laws of any jurisdiction.

Any offer of securities to the public that may be deemed to be made pursuant to
this communication in any EEA Member State that has implemented EU Directive
2003/71/EC (together with any amendments and applicable implementing measures in
any Member State, the "Prospectus Directive") is addressed solely to qualified
investors (within the meaning of the Prospectus Directive) in that Member State.

This document is an advertisement and not a prospectus for the purposes of  the
Prospectus Directive and as such does not constitute an offer to sell or the
solicitation of an offer to purchase securities. A prospectus prepared pursuant
to the Prospectus Directive has been published, which can be obtained from the
website of the Luxembourg stock exchange. Investors should not subscribe for or
purchase any securities referred to in this document except on the basis of the
information in the prospectus.

This communication is addressed only to and directed only at (i) persons who are
outside the United Kingdom or (ii) investment professionals falling within
Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order") and (iii) high net worth entities, and other
persons to whom it may lawfully be communicated, falling within Article 49(2)(a)
to (d) of the Order (all such persons in (i), (ii) and (iii) above together
being referred to as "relevant persons"). Any investment activity to which this
communication relates will only be available to and will only be engaged with,
relevant persons. Any person who is not a relevant person should not act or rely
on this document or any of its contents.

This communication is not for public release, publication or distribution,
directly or indirectly, in or into the United States (including its territories
and possessions, any State of the United States and the District of Columbia).
This communication is not and does not constitute or form a part of any offer
of, or solicitation to purchase or subscribe for, any securities in the United
States. Any such securities have not been, and will not be, registered under the
United States Securities Act of 1933, as amended (the "Securities Act"). Any
such securities may not be offered or sold in the United States or to, or for
the account or benefit of, U.S. persons (as such term is defined in Regulation S
under the Securities Act), except pursuant to an exemption from the registration
requirements of the Securities Act. No public offering of securities will be
made in the United States of America.

Certain statements in this document are not historical facts and are "forward
looking". Forward-looking statements include statements concerning Atrium's
plans, expectations, projections, objectives, targets, goals, strategies, future
events, future revenues or performance, capital expenditures, financing needs,
plans or intentions relating to acquisitions, Atrium's competitive strengths and
weaknesses, plans or goals relating to forecasted performance, financial
position and future operations and development, its business strategy and the
trends it anticipates in the industries and the political and legal environment
in which it operates and other information that is not historical information.
By their very nature, forward-looking statements involve inherent risks and
uncertainties, both general and specific, and risks exist that the predictions,
forecasts, projections and other forward-looking statements will not be
achieved. Given these risks and uncertainties, you are cautioned not to place
undue reliance on such forward-looking statements. Atrium does not intend and
does not assume any obligation to update any forward-looking statement contained

Further inquiry note:
FTI Consulting Inc
+44 (0)20 3727 1000
Richard Sunderland

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
sector:      Real Estate
ISIN:        JE00B3DCF752
indexes:     Standard Market Continuous
stockmarkets: official market: Wien 
language:   English

Weitere Meldungen: Atrium European Real Estate Limited

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