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NEPI ROCKCASTLE PLC - Notice of early redemption of 500,000,000 2.625 per cent guaranteed notes

Release Date: 20/01/2022 16:30
Code(s): NRP     PDF:  
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Notice of early redemption of €500,000,000 2.625 per cent guaranteed notes

NEPI Rockcastle plc
Incorporated and registered in the Isle of Man
Registered number 014178V
Share code: NRP
(“NEPI Rockcastle” or “the Company” or “the Group”)


NEPI Rockcastle’s wholly-owned subsidiary, NE Property BV (“the Issuer”), has given notice to the holders
of the outstanding EUR500,000,000 2.625 per cent. Notes due 22 May 2023 guaranteed by NEPI Rockcastle
(ISIN: XS1996435928) (the “Notes”) that all of the presently outstanding Notes (EUR157,525,000 in aggregate
principal amount being outstanding as of the date of this notice), will be redeemed by the Issuer on
22 February 2022 pursuant to, and in accordance with, Condition 7(d) (Redemption, Purchase and Options –
Make-whole call) of the Conditions of the Notes.

The Notes redemption is part of NEPI Rockcastle’s active liability management focused on improving cost of
capital and extending its debt maturity profile, and is supported by the comfortable liquidity position of the
Group. Following the redemption and cancellation of the Notes, the Company will have no bond maturities
outstanding until November 2024, thereby significantly improving the debt maturity profile of the Group.

The full version of the announcement is available on the Irish Stock Exchange website at the following link:

For further information please contact:

NEPI Rockcastle plc
Alex Morar/Mirela Covasa                                   +44 1624 654 704

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Media Relations                                  

20 January 2022

Date: 20-01-2022 04:30:00
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