- 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