VGP NV announces that it makes a public offer in Belgium of retail bonds due 6 July 2024 for an expected amount of minimum € 50 million and maximum € 75 million.
The fixed rate of the bonds is 3.25% (gross) per year. The net yield equals 2.120% per year.
The bonds will be issued in denomination of € 1,000. Retail investors will be charged a subscription fee of € 10 per bond. The subscription period runs from 23 June 2017 until and including 30 June 2017, subject to early closing. The issue date is planned on 6 July 2017. Application has been made for the bonds to be listed on the regulated market Euronext Brussels and to be admitted to trading on the regulated market of Euronext Brussels.
KBC Bank NV will act as sole manager and bookrunner for this issuance.
A full prospectus detailing the transaction and its terms, drawn up in Dutch and English, as well as a French translation of the summary of such prospectus, can be obtained free of charge as from 21 June 2017 (before opening of the stock exchange) from VGP NV’s head office, and may be consulted as from 21 June 2017 on the VGP NV website (www.vgpparks.eu) and in each branch of KBC Bank or CBC Banque, Bolero (www.bolero.be), via the Regional Advice Centres and on the website (www.kbc.be/vgp).
The proceeds of the bonds will be used to repay all outstanding debt of VGP NV under the EUR 75 million fixed rate bond maturing on 12 July 2017.
 Press Release_Bond subscription_21_6_2017_EN | [PDF] | 282 kB |