Obligation AroundCity 0% ( XS2198981263 ) en NOK

AroundCity

100 % ⇌

Allemagne

XS2198981263 ( en NOK )

03/07/2025 - Obligation échue

Prospectus brochure de l'obligation Aroundtown XS2198981263 en NOK 0%, échue

2 000 000 NOK

500 000 000 NOK

Aroundtown Property Holdings est une société d'investissement immobilier cotée en bourse, axée sur les propriétés de bureaux et de commerces de détail dans les principales villes européennes.

L'Obligation émise par AroundCity ( Allemagne ) , en NOK, avec le code ISIN XS2198981263, paye un coupon de 0% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 03/07/2025

FINAL TERMS FOR THE SENIOR NOTES
MIFID II product governance / Professional investors and ECPs only target market Solely for the
purposes of the manufacturer's product approval process, the target market assessment in respect of the
Senior Notes has led to the conclusion that: (i) the target market for the Senior Notes is eligible
counterparties and professional clients only, each as defined in Directive 2014/65/EU (as amended, MiFID
II); and (ii) all channels for distribution of the Senior Notes to eligible counterparties and professional clients
are appropriate. Any person subsequently offering, selling or recommending the Senior Notes (a distributor)
should take into consideration the manufacturer's target market assessment; however, a distributor subject to
MiFID II is responsible for undertaking its own target market assessment in respect of the Senior Notes (by
either adopting or refining the manufacturer's target market assessment) and determining appropriate
distribution channels.
PROHIBITION OF SALES TO EEA AND UK RETAIL INVESTORS  The Senior Notes, are not
intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made
available to any retail investor in the European Economic Area (the EEA) or in the United Kingdom (the
UK). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as
defined in point (11) of Article 4(1) of MiFID II; or (ii) a customer within the meaning of Directive (EU)
2016/97 (the Insurance Distribution Directive), where that customer would not qualify as a professional
client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in
Regulation (EU) 2017/1129 (the Prospectus Regulation). Consequently no key information document
required by Regulation (EU) No 1286/2014 (as amended, the PRIIPs Regulation) for offering or selling the
Senior Notes or otherwise making them available to retail investors in the EEA or in the UK has been
prepared and therefore offering or selling the Senior Notes or otherwise making them available to any retail
investor in the EEA or in the UK may be unlawful under the PRIIPs Regulation.
NOTIFICATION UNDER SECTION 309B(1)(C) OF THE SECURITIES AND FUTURES ACT
(CHAPTER 289) OF SINGAPORE In connection with Section 309B of the Securities and Futures Act
(Chapter 289) of Singapore (as amended) and the Securities and Futures (Capital Markets Products)
Regulations 2018 of Singapore (the CMP Regulations 2018), the Issuer has determined the classification of
the Senior Notes to be capital markets products other than prescribed capital markets products (as defined in
the CMP Regulations 2018) and Specified Investment Products (as defined in the Monetary Authority of
Singapore (the MAS) Notice SFA 04-N12: Notice on the Sale of Investment Products and in the MAS
Notice FAA-N16: Notice on Recommendations on Investment Products).
2 July 2020
Aroundtown SA
société anonyme
40, Rue du Curé
L-1368 Luxembourg
R.C.S. Luxembourg: B217868
Legal entity identifier (LEI): 529900H4DWG3KWMBMQ39
Issue of NOK 500,000,000 Floating Rate Notes due July 2025
under the 15,000,000,000
Euro Medium Term Note Programme

PART A CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the
Offering Circular dated 4 October 2019 and the supplements to it dated 29 November 2019, 21 February
2020, 31 March 2020, 8 June 2020 and 2 July 2020 which together constitute a base prospectus for the
purposes of the Prospectus Regulation (the Offering Circular). This document constitutes the Final Terms
of the Senior Notes described herein for the purposes of the Prospectus Regulation and must be read in
conjunction with the Offering Circular in order to obtain all the relevant information. The Offering Circular
has been published on the website of Euronext Dublin, www.ise.ie.

1.
Issuer:
Aroundtown SA
2.
(a)
Series Number:
26
(b)
Tranche Number:
1
(c)
Date on which the Senior Notes Not Applicable
will be consolidated and form a
single Series:
3.
Specified Currency or Currencies:
Norwegian Krone (NOK)
4.
Aggregate Nominal Amount:

(a)
Series:
NOK 500,000,000
(b)
Tranche:
NOK 500,000,000
5.
Issue Price:
100 per cent. of the Aggregate Nominal
Amount
6.
(a)
Specified Denominations:
NOK 2,000,000 and integral multiples of NOK
1,000,000 in excess thereof up to and including
NOK 3,000,000. No Senior Notes in definitive
form will be issued with a denomination above
NOK 3,000,000.
(b)
Calculation Amount (in relation NOK 1,000,000
to calculation of interest in global
form see Conditions):
7.
(a)
Issue Date:
3 July 2020
(b)
Interest Commencement Date:
Issue Date
8.
Maturity Date:
Interest Payment Date falling in or nearest to
July 2025
9.
Interest Basis:
3 month NIBOR +1.50 per cent. Floating Rate

(see paragraph 16)

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10.
Redemption/Payment Basis:
Subject to any purchase and cancellation or
early redemption, the Senior Notes will be
redeemed on the Maturity Date at 100 per cent.
of their nominal amount
11.
Change of Interest Basis:
Not Applicable
12.
Put/Call Options:
Not Applicable
13.
Status of the Senior Notes:
Senior
14.
Date Board approval for issuance of Not Applicable
Senior Notes obtained:
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15.
Fixed Rate Senior Note Provisions
Not Applicable
16.
Floating Rate Senior Note Provisions
Applicable
(a)
Specified
Period(s)/Specified 3 January, 3 April, 3 July and 3 October in each
Interest Payment Dates:
year up to (and including) 3 July 2025 with the
first Interest Payment date being 3 October
2020, subject to adjustment in accordance with
the Business Day Convention set out in (b)
below
(b)
Business Day Convention:
Modified Following Business Day Convention
(c)
Additional Business Centre(s):
TARGET2 System
(d)
Manner in which the Rate of Screen Rate Determination
Interest and Interest Amount is to
be determined:
(e)
Party responsible for calculating Not Applicable
the Rate of Interest and Interest
Amount (if not the Agent):
(f)
Screen Rate Determination:

Reference Rate:
3 month NIBOR
For the purposes of Condition 5.2(b)(ii), the
reference to "the London interbank offered rate
(LIBOR) or the Euro-zone interbank offered
rate (EURIBOR)" on page 112 of the Offering
Circular shall be deemed to also refer to "the
Norwegian interbank offered rate (NIBOR)"
and references to "the London inter-bank
market (if the Reference Rate is LIBOR) or the
Euro-zone inter-bank market (if the Reference
Rate is EURIBOR)" on pages 112 and 113 of

0012034-0004976 UKO2: 2000803563.4
3

the Offering Circular shall be deemed to also
refer to "the Norwegian inter-bank market (if
the Reference Rate is NIBOR)"

Interest
Determination The second Oslo business day prior to the start
Date(s):
of each Interest Period

Relevant Screen Page:
Reuters Screen Page OINOK3MD as at 12.00
noon Oslo time

Reference Banks:
The principal Oslo office of four major banks in
the Norwegian inter-bank market selected by
the Principal Paying Agent and approved in
writing by the Trustee
(g)
ISDA Determination:
Not Applicable
(h)
Linear Interpolation:
Not Applicable
(i)
Margin(s):
+1.50 per cent. per annum
(j)
Minimum Rate of Interest:
Not Applicable
(k)
Maximum Rate of Interest:
Not Applicable
(l)
Day Count Fraction:
Actual/360
17.
Zero Coupon Senior Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
18.
Notice periods for Condition 7.2 Minimum period: 30 days
Redemption for tax reasons:
Maximum period: 60 days
19.
Issuer Call:
Not Applicable
20.
Make-whole Redemption by the Issuer:
Not Applicable
21.
Investor Put:
Not Applicable
22.
Merger Put:
Not Applicable
23.
Change of Control Put:
Not Applicable
24.
Final Redemption Amount:
NOK 1,000,000 per Calculation Amount
25.
Early Redemption Amount payable on NOK 1,000,000 per Calculation Amount
redemption for taxation reasons or on
event of default:
GENERAL PROVISIONS APPLICABLE TO THE SENIOR NOTES
26.
Form of Senior Notes:

(a)
Form:
Bearer Senior Notes:

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Temporary Global Senior Note exchangeable
for a Permanent Global Senior Note which is
exchangeable for Definitive Senior Notes only
upon an Exchange Event
(b)
New Global Note:
No
27.
Additional Financial Centre(s):
London and TARGET2 System
28.
Talons for future Coupons to be attached No
to Definitive Senior Notes:
0012034-0004976 UKO2: 2000803563.4
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Signed on behalf of Aroundtown SA

By: .........................................................
Duly authorised

By: .........................................................
Duly authorised

0012034-0004976 UKO2: 2000803563.4
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PART B OTHER INFORMATION

1.
LISTING
AND
ADMISSION
TO
TRADING
(i)
Listing and Admission to trading
Application has been made by the Issuer (or on its
behalf) for the Senior Notes to be admitted to trading
on the regulated market of Euronext Dublin and
listing on the official list of Euronext Dublin with
effect from 3 July 2020.
(ii)
Estimate of total expenses related to 1,000
admission to trading:
2.
RATINGS
Ratings:
The Senior Notes to be issued have not been rated
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save for the fees payable to HSBC Bank plc, so far as the Issuer is aware, no person involved in the
issue of the Senior Notes has an interest material to the offer. HSBC Bank plc and its affiliates have
engaged, and may in the future engage, in investment banking and/or commercial banking
transactions with, and may perform other services for, the Issuer and its affiliates in the ordinary
course of business.
4.
YIELD (Fixed Rate Senior Notes only)
Indication of yield:
Not Applicable
5.
OPERATIONAL INFORMATION
(i)
ISIN:
XS2198981263
(ii)
Common Code:
219898126
(iii)
CFI:
See the website of the Association of National
Numbering Agencies (ANNA) or alternatively
sourced from the responsible National Numbering
Agency that assigned the ISIN
(iv)
FISN:
See the website of the Association of National
Numbering Agencies (ANNA) or alternatively
sourced from the responsible National Numbering
Agency that assigned the ISIN
(v)
Any clearing system(s) other than Not Applicable
Euroclear
and
Clearstream,
Luxembourg and the relevant
identification number(s):
(vi)
Delivery:
Delivery against payment

0012034-0004976 UKO2: 2000803563.4
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(vii)
Names and addresses of additional Not Applicable
Paying Agent(s) (if any):
(viii) Intended to be held in a manner No. Whilst the designation is specified as "no" at the
which would allow Eurosystem date of these Final Terms, should the Eurosystem
eligibility:
eligibility criteria be amended in the future such that
the Senior Notes are capable of meeting them the
Senior Notes may then be deposited with one of the
ICSDs as common safekeeper. Note that this does
not necessarily mean that the Senior Notes will then
be recognised as eligible collateral for Eurosystem
monetary policy and intra day credit operations by
the Eurosystem at any time during their life. Such
recognition will depend upon the ECB being
satisfied that Eurosystem eligibility criteria have
been met.
6.
DISTRIBUTION
(i)
Method of distribution:
Non-syndicated
(ii)
If syndicated, names of Managers:
Not Applicable
(iii)
Date of Subscription Agreement:
Not Applicable
(iv)
Stabilisation Manager(s) (if any):
Not Applicable
(v)
If non-syndicated, name of relevant HSBC Bank plc
Dealer:
(vi)
U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D
(vii)
Prohibition of Sales to EEA and UK Applicable
Retail Investors:
(viii) Prohibition of Sales to Belgian Applicable
Consumers:

7.
REASONS FOR THE OFFER AND
ESTIMATED NET PROCEEDS
(i)
Reasons for the offer:
See "Use of Proceeds" in the Offering Circular
(ii)
Estimated net proceeds:
NOK 498,900,000

0012034-0004976 UKO2: 2000803563.4
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Document Outline

#1">FINAL TERMS FOR THE SENIOR NOTES