VIVION announces private placement of EUR 200mn convertible bond.

Luxembourg, 14 August 2020

Vivion announces private placement of EUR 200mn convertible bond

Vivion Investments s.á r.l. (‘the Company’) announces the successful private placement of €200m senior unsecured bonds convertible into shares of the Company (the “Bonds”).

The Bonds have a maturity of five years, a coupon of 2.25%, and are convertible at the option of an investor following an initial public offering. The Bonds were placed by the Company to a global institutional investor.

The net proceeds of the offering will be used to drive future growth and to continue to acquire real estate assets.

Vivion is delighted to announce this first capital markets transaction for 2020, amidst Covid-19 developments. The placement of our first convertible bond marks an important milestone for us, as we embark on the next stage of our corporate development. We are delighted that a leading global institutional investor has chosen to invest in our Company and our proven ability to seize value-creating opportunities.

Barclays Bank PLC acted as placement agent in connection with the offering.


Contact for more Information

Daan Bras – Investor Relations
T +31 652 0900 26
daan.bras@vivion.eu

This press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities in the United States, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state or country. The Bonds have been offered and sold only outside the United States to non-U.S. persons in accordance with Regulation S. No offering of Bonds has been or will be made in the United States. The issued Bonds are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area (“EEA”). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, “MiFID II”), (ii) a customer within the meaning of Directive 2016/97/EU (as amended), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II, or (iii) not a qualified investor as defined in Regulation (EU) 2017/1129 (as amended or superseded). Consequently no key information document required by Regulation (EU) No 1286/2014 (as amended, the “PRIIPs Regulation”) for offering or selling the Bonds or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the Bonds or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPS Regulation. In the United Kingdom, this communication is for distribution only to persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Financial Promotion Order”), (ii) are persons falling within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc.”) of the Financial Promotion Order, or (iii) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the FSMA) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “relevant persons”). This communication is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons. This press release may include projections and other “forward-looking” statements within the meaning of applicable securities laws. Any such projections or statements reflect the current views of the Ccompany about further events and financial performance. No assurances can be given that such events or performance will occur as projected and actual results may differ materially from these projections.

Barclays Bank PLC (“Barclays”) is authorised by the Prudential Regulatory Authority (the “PRA”) and regulated in the United Kingdom by the PRA and the Financial Conduct Authority. Barclays is acting exclusively for the Company and no one else in connection with the matters described in this announcement. Barclays will not regard any other person as its client in relation to the matters described in this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice to any other person in relation to the matters referred to in this announcement. This announcement has been issued by and is the sole responsibility of the Company. No representation or warranty, express or implied, is or will be made as to, and no responsibility or liability is or will be accepted by Barclays or its affiliates as to the accuracy or completeness of this announcement or any other written or oral information made available to or publicly available to any interested party or its advisers.