February 26, 2018 / 2:29 PM / 6 months ago

BRIEF-Grand City Properties ‍Says EUR 40.6 Mln Of Notes Was Validly Tendered

Feb 26 (Reuters) - GRAND CITY PROPERTIES SA:

* DGAP-NEWS: GRAND CITY PROPERTIES S.A.ANNOUNCES THE RESULTS OF THE OFFER TO THE HOLDERS OF ITS OUTSTANDING EUR500,000,000 2% NOTES DUE 2021 TO TENDER SUCH NOTES FOR PURCHASE FOR CASH

* ‍AGGREGATE PRINCIPAL AMOUNT OF EUR 40.6 MILLION OF NOTES WAS VALIDLY TENDERED FOR PURCHASE IN OFFER​

* ‍FOLLOWING SETTLEMENT OF OFFER, 27.76% OF NOTES WILL REMAIN OUTSTANDING​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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