Alstria Office Reit €500 million debut bond issue

17/11/2015
Investment grade bond/note issue

€ 500 million

$ 5.326 billion

Completed

17/11/2015


Overview:

  • Alstria Office Reit issued its debut bond of €500 million to refinance the bank debt of DO Deutsche Office, which it agreed to acquire in 2015. 
  • The unsecured bond will be listed on the Luxembourg Stock Exchange.
  • The notes have a fixed rate of 2.25% and mature March 24, 2021.
  • The issue was three times oversubscribed.
  • Alstria reached an €800 million all-share agreement with Deutsche Office shareholders to take over the company in November 2015.

Ben Naylor - Regional Editor

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