VASTB Vastned Retail Belgium NV

Vastned Belgium has obtained commitments for the financing of EUR 345 million subject to completion of the reverse cross-border merger

Vastned Belgium has obtained commitments for the financing of EUR 345 million subject to completion of the reverse cross-border merger

In the prospect of the reverse cross-border legal merger whereby Vastned Retail N.V. (Euronext Amsterdam: VASTN), the Dutch parent company of Vastned Belgium NV (Euronext Brussels: VASTB), will merge with and into Vastned Belgium on 1 January 2025 (after fulfilment of customary conditions), Vastned Belgium NV today announces that it has obtained commitments for a total amount of EUR 345 million in credit lines (the Financing).

Full press release:



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EN
09/12/2024

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Benelux Morning Notes

CFE: Preview: underlying 2026 margin to improve / DEME: Preview: strong 2025, eyes on 2026 outlook / JDE Peet's: Acquisition by KDP expected to close in 2Q26 / Solvay: 2025 ends with strong FCF; 2026F und. EBITDA guidance slightly below, supported by one-off / UCB: Peer Moonlake investor day / Vastned: Beat on bottom line with operational metrics accelerating, but outlook remains weak

 PRESS RELEASE

Vastned Annual results 2025

Vastned Annual results 2025 Vastned concludes 2025 with a stable EPRA result, a decrease of the debt ratio below 40% and an increase in the proposed dividend. After completion of the reverse cross-border merger, the group operates with one listed entity and simplified governance. Vastned achieves the objectives of the reverse cross-border merger... ✔ An organizational simplification that improves the efficiency of the Vastned group with only one listed entity, one management and simplified governance.✔ An operational synergy worth € 2.0 million, with additional potential in 2026.✔ Optimize...

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