LI Klepierre SA

KLÉPIERRE: ISSUANCE OF A 9.6-YEAR BOND FOR €600M

KLÉPIERRE: ISSUANCE OF A 9.6-YEAR BOND FOR €600M

PRESS RELEASE

ISSUANCE OF A 9.6-YEAR BOND FOR €600M

Paris, February 16, 2024

Klépierre, the European leader in shopping malls, today announces the issuance of a €600-million bond with a maturity of 9.6 years. This financing has been raised with a 130 basis points spread over the reference rate, for a coupon of 3.875%.

This issuance has been oversubscribed more than 5 times.

INVESTOR RELATIONS CONTACTSMEDIA CONTACTS
Paul Logerot, Group Head of IR and Financial Communication

+33 (0)7 50 66 05 63 —

Hugo Martins, IR Manager

+33 (0)7 72 11 63 24 —   

Tanguy Phelippeau, IR Manager

+33 (0)7 72 09 29 57 —
Hélène Salmon, Group Head of Communication

+33 (0)1 40 67 55 16 —



 



Wandrille Clermontel, Taddeo

+33 (0)6 33 05 48 50 —

ABOUT KLÉPIERRE

Klépierre is the European leader in shopping malls, combining property development and asset management skills. The Company’s portfolio is valued at €19.3 billion at December 31, 2023, and comprises large shopping centers in more than 10 countries in Continental Europe which together host hundreds of millions of visitors per year. Klépierre holds a controlling stake in Steen & Strøm (56.1%), Scandinavia’s number one shopping center owner and manager. Klépierre is a French REIT (SIIC) listed on Euronext Paris and is included in the CAC Next 20 and EPRA Euro Zone Indexes. It is also included in ethical indexes, such as Euronext CAC 40 ESG, Euronext CAC SBT 1.5, MSCI Europe ESG Leaders, FTSE4Good, Euronext Vigeo Europe 120, and features in CDP’s “A-list”. These distinctions underscore the Group’s commitment to a proactive sustainable development policy and its global leadership in the fight against climate change.

For more information, please visit the newsroom on our website:

This press release is available on the Klépierre website:

Attachment



EN
16/02/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Klepierre SA

Florent Laroche-Joubert
  • Florent Laroche-Joubert

Klépierre : A very good operational performance in Q1 2024 in line wit...

>Operational performance with organic growth of +4.8% - Klépierre has posted a solid operational performance as we had expected. This includes NRI in Q1 2024 of € 253.4m, i.e. growth of +4.8% at constant scope:Retailer sales in Q1 2024 were up +4.3% y-o-y vs +6% for 12m 2023: the previously observed positive trend has therefore continued and is driven by several factors: 1/ by geographic zone, the Iberian Peninsula (+7.0%), Netherlands/Germany/central Europe (+6...

Florent Laroche-Joubert
  • Florent Laroche-Joubert

Klépierre : Très bonne performance opérationnelle sur le T1 24 en lign...

>Performance opérationnelle avec une croissance organique de 4.8% - Klépierre publie une performance opérationnelle solide comme nous l’anticipions. Elle intègre un NRI au T1 2024 de 253.4 M€ soit une croissance de 4.8% à périmètre constant :CA commerçants au T1 2024 à +4.3% yoy vs +6% sur 12M 23 : la tendance positive observée précédemment s’est donc poursuivie et est portée par plusieurs facteurs : 1/ par zone géographique, l’Ibérie (+7.0%), les Pays-Bas/ l’Al...

 PRESS RELEASE

KLÉPIERRE: Q1 LFL NRI UP 4.8% CONFIRMING 2023 GROWTH MOMENTUM

KLÉPIERRE: Q1 LFL NRI UP 4.8% CONFIRMING 2023 GROWTH MOMENTUM PRESS RELEASE Q1 LFL NRI UP 4.8% CONFIRMING 2023 GROWTH MOMENTUM Paris — May 3, 2024 Klépierre, the European leader in shopping malls, delivered a solid performance over the first quarter of 2024(1): Like-for-like(2) net rental income up 4.8% year on year, outpacing indexation by 200 basis points4.4% EBITDA growthGood momentum for sales and footfall: Retailer sales, up 4.3%(3) compared to Q1 2023Footfall up 3% Continuous operating excellence: 2.1% positive reversion on renewals and re-lettingsFinancial occupancy rate at 96....

ResearchPool Subscriptions

Get the most out of your insights

Get in touch