Aroundtown SA Issues AUD 600 Million Bonds in Two Tranches

Aroundtown SA has announced the successful issuance of two tranches of senior unsecured bonds totaling AUD 600 million. The offering includes a AUD 300 million five-year bond and an equivalent ten-year bond. This issuance is part of the company's strategy to manage debt maturities and extension of its debt profile. Investor demand was strong, resulting in an orderbook surpassing AUD 1.9 billion.

This marks Aroundtown’s return to the Australian bond market since 2018. To address currency risk from the AUD denomination, Aroundtown implemented a cross-currency swap into euros. This leads to an effective euro coupon of 1.268% plus Euribor for the five-year bond and a fixed rate for the first five years of the ten-year bond, which then adjusts.

Earlier in 2026, Aroundtown issued CHF 160 million bonds maturing in 2033, alongside €750 million perpetual notes. These transactions are aimed at diversifying AT’s investor base and bolstering its capital structure.