XTRA:AT1Real Estate
Aroundtown (XTRA:AT1) Valuation Check After Hybrid Note Repurchases And New Subordinated Issuance
Aroundtown (XTRA:AT1) has just reshaped part of its funding mix by completing offers to repurchase subordinated notes while issuing new hybrid instruments, a move focused on refinancing existing liabilities and keeping its hybrid capital portfolio broadly intact.
See our latest analysis for Aroundtown.
Aroundtown’s recent hybrid refinancing comes after a mixed share price pattern, with the latest €2.79 level sitting above year to date share price returns of 6.65% but alongside a 5 year total...