Wereldhave strengthens credit profile with inaugural EUPP and new USPP transactions, with combined proceeds of € 125 million

Core Insights - Wereldhave N.V. has successfully signed its first European Private Placement (EUPP) transaction, securing a €50 million loan with a ten-year tenor, settling on June 27, 2025 [1] - The company also agreed to a new US Private Placement (USPP) transaction of €75 million with a seven-year tenor to refinance maturing notes in the second half of 2025 [2] - Both transactions are unsecured and reflect strong investor confidence in Wereldhave's operations and credit profile, reaffirmed by a BBB stable credit rating from Fitch Ratings in May 2025 [2] Financial Transactions - The EUPP transaction marks a significant diversification of Wereldhave's funding sources, with the addition of Aegon Asset Management as a new investor [4] - The weighted average duration of Wereldhave's debt is extended by almost one year on a pro forma basis due to these transactions [3] - Rabobank acted as the sole placement agent for both the EUPP and USPP transactions [3]