OPG: Remaining outstanding amount of OPG bonds following issuance of New Notes

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Press Release

Paris, 9 October 2012

                                                                                               

Orco Property Group

Remaining outstanding amount of OPG bonds following issuance of New Notes

Following the issuance of EUR 73,051,200 of new notes (the “New Notes”, ISIN code XS0820547742) issued by Orco Property Group (“OPG”) on 4 October 2012, the remaining outstanding amounts of the group’s bonds are as follows:

ISIN code

Nominal amount

Number of bonds

R0010249599

2010 OPG Bonds

72 726,60 €

106

CZ0000000195

2011 OPG Bonds

2 713 666,67 €

7

XS0223586420

2012 OPG Bonds

230 183,29 €

8 843

FR0010333302

2013 OPG Bonds

880 578,00 €

6 381

XS0291838992

2014 OPG Bonds

108 328,60 €

74

XS0291840626

2014 OPG Bonds

0 €

0

XS0302623953

Orco Germany Bonds

41 912,00 €

62

Total

4 047 395,16 €

The book value of the remaining OPG bonds subject to the Safeguard plan amounts to EUR 1.1 million as of the end of September 2012 (EUR 4 million in nominal amount). The total bond liability for the group is thus EUR 74.1 million.

OPG bonds (other than the New Notes) will entitle holders to payments until 2020 pursuant to OPG’s Safeguard plan. Any 30 April 2012 Safeguard payment that still remains outstanding on OPG bonds will be paid by 31 October 2012.  The Orco Germany bonds will mature on 31 December 2050 with an annual interest rate of 0.5% and the interest payment originally scheduled for 30 May 2012 is due 31 December 2050, pursuant to the amendments voted by the general meetings of the holders of the Orco Germany bonds held on 7 May 2012 and 29 May 2012.

For more information, visit our shareholder corner on www.orcogroup.com


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