CITYCON OYJ Stock Exchange Release 11 November 2020 at 15:30 hrs
NOT TO BE RELEASED, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART IN OR INTO OR TO ANY PERSON LOCATED IN OR RESIDENT IN THE UNITED
STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE
DISTRICT OF COLUMBIA (TOGETHER THE "UNITED STATES"), AUSTRALIA, CANADA OR JAPAN
OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE
UNLAWFUL.
Citycon Group intends to issue a NOK-denominated senior unsecured bond in one or
more tranches with a maturity of approximately 3 - 5 years in an amount of up to
NOK 800 million. The bond would be offered mainly to Nordic institutional
investors and would be issued by Citycon Treasury B.V. and guaranteed by Citycon
Oyj. Citycon Treasury B.V. would apply for the bond to be admitted to the
Official List of the Oslo Stock Exchange (Oslo Børs) and to trading on its
regulated market. The bond would be issued under the issuer’s EUR 1,500,000,000
EMTN programme dated 26 March 2020.
The net proceeds of the Green Bond will be used to finance and re-finance
Eligible Green Assets and Projects in accordance with Citycon's established
Green Finance Framework (GFF) including refinancing of existing NOK debt.
Citycon’s green financing framework reflects practices that support the
transition to a sustainable and low carbon economy through the development of
green assets. Proceeds allocated in accordance with the framework will be used
to finance or re-finance eligible green assets in categories green buildings,
energy efficiency, renewable energy or waste management.
Citycon Group has mandated Danske Bank, Nordea, SEB and Swedbank as Joint
Bookrunners. Citycon Group will announce further information after the placement
of the bond.
CITYCON OYJ
For further information, please contact:
Eero Sihvonen
Executive VP and CFO
Tel. +358 50 557 9137
eero.sihvonen@citycon.com
Laura Jauhiainen
Head of Investor Relations
Tel. +358 40 823 9497
laura.jauhiainen@citycon.com
Citycon is a leading owner, manager and developer of urban, grocery-anchored
shopping centres in the Nordic region, managing assets that total almost EUR 4.5
billion. Citycon is No. 1 shopping centre owner in Finland and among the market
leaders in Norway, Sweden and Estonia. Citycon has also established a foothold
in Denmark.
Citycon has investment-grade credit ratings from Moody's (Baa3), Fitch (BBB-)
and Standard & Poor's (BBB-). Citycon Oyj’s share is listed in Nasdaq Helsinki.
www.citycon.com
Important regulatory notice
This announcement does not constitute, or form part of, an offer or invitation
to sell or issue, or any solicitation of an offer to buy or subscribe for, any
securities in the United States or any other jurisdiction nor shall it (or any
part of this announcement) or the fact of its distribution form the basis of, or
be relied upon in connection with, or act as any inducement to enter into, any
contract or commitment. Recipients of this announcement who intend to purchase
any securities are reminded that any such purchase or subscription must be made
solely on the basis of the information contained in any final form prospectus
published in connection with any such securities, which if and when published
will be available on the website of the Central Bank of Ireland. The
transaction described above and the distribution of this announcement and other
information in connection with the transaction in certain jurisdictions may be
restricted by law and persons into whose possession any document or other
information referred to herein comes should inform themselves about and observe
any such restriction. Any failure to comply with these restrictions may
constitute a violation of the securities laws of any such jurisdiction.
This communication is not an offer of securities for sale in the United States,
Australia, Canada, Japan or any other jurisdiction where to do so would be
unlawful. Neither Citycon Oyj nor Citycon Treasury B.V. has registered, or
intends to register, securities in any of these jurisdictions or to conduct an
offer of securities for sale in any of these jurisdictions. In particular, no
securities of Citycon Oyj or Citycon Treasury B.V. have been or will be
registered under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), and such securities may not be offered, sold or delivered within the
United States or to, or for the account or benefit of, U.S. persons (as defined
in Regulation S under the Securities Act) except pursuant to an exemption from,
or in a transaction not subject to, the registration requirements of the
Securities Act and in compliance with any applicable state securities laws.
This announcement is directed only at (i) persons who are outside the United
Kingdom or (ii) to investment professionals falling within the definition of
"investment professionals" in Article 19 of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) or (iii)
high net worth companies, 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").