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Globalworth Completes Tender Offers, Advances CEE Position
Company Announcements

Globalworth Completes Tender Offers, Advances CEE Position

Globalworth Real Estate Investments (GB:GWI) has released an update.

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Globalworth Real Estate Investments Limited has announced the successful completion of its cash tender offers for notes due in 2029 and 2030, with an increased maximum acceptance amount from €60 million to over €83 million. The company will purchase over €38 million in 2029 notes and €45 million in 2030 notes, funded by its cash reserves, alongside the payment of accrued interest. These transactions follow Globalworth’s strategic disposal of a 50% stake in Romanian logistics assets to WDP, consolidating their position in the Central and Eastern European real estate market.

For further insights into GB:GWI stock, check out TipRanks’ Stock Analysis page.

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