Accentro plans sub-bench bond issue and buy-back
Germany's Accentro Real Estate, a socially responsible residential property privatisation company, has mandated banks for a potential euro bond at the same time as launching a tender offer for old notes.
It wants to print a three to five year sub-benchmark trade. Accentro has hired Deutsche Bank and Paris-headquartered Oddo BHF to arrange investor calls.They are also dealer managers of Accentro's tender offer. It wants to buy back any and all of its €100m 3.75% January 2021 bonds at 103.243, ...
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