ARTEA: 98.2% of Bonds Exchanged, Interest Rate Increases from 5% to 6%
ARTEA announces the results of its bond exchange offer launched on February 24, 2026, and concluded on March 12, 2026.
Completion of the Bond Exchange Offer
ARTEA has finalized its exchange offer concerning the bond loan issued in two tranches on March 16, 2021, and December 9, 2022, with a total amount of €28,749,000 at an annual rate of 5% and maturing on March 16, 2029 (ISIN Code: FR0014002D70). Of this amount, 28,227 existing bonds were validly submitted to the exchange offer, representing 98.2% of the total loan amount. The exchange was carried out at a price of €1,000.27 per existing bond. The exchanged bonds will be canceled according to their terms.
Issuance of a New Bond Loan
On March 18, 2026, ARTEA will issue a new bond loan with a nominal amount of €28,227,000 bearing interest at an annual rate of 6% and maturing on March 13, 2029 (ISIN Code: FR00140166E2). These new bonds will be subject to an application for admission to trading on the Euronext Access market in Paris from their date of issue. The 522 existing bonds that did not participate in the offer (nominal amount of €522,000) will remain in the hands of their holders under the initial conditions and will continue to be admitted to trading on Euronext Access. ARTEA was advised by Octo Finances as coordinating agent and CMS Francis Lefebvre for legal aspects.
