Aroundtown SA (DE:AT1) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Aroundtown SA, a leading German commercial real estate company, has announced it will not redeem its GBP 400 million 4.75% Perpetual Notes at the first call date in June 2024, citing current market conditions. The company retains the flexibility to call these notes at future interest payment dates, and the Perpetuals will continue to be classified as equity for financial reporting and covenant calculations.
For further insights into DE:AT1 stock, check out TipRanks’ Stock Analysis page.
