Gecina – Tender offer & New issue | Press release – July 24, 2025




Tender offer & New issue


Gecina launches simultaneously a Tender Offer on
existing notes maturing in 2027 and 2028 and a
10-year Green Bond Issuance
Gecina already benefits from a best-in-class A- credit rating, ample liquidity of €3.7 billion, and strong
visibility, with its next significant debt maturity not due until 2027.

In a proactive move, Gecina today announces the launch of a Tender Offer on its following
outstanding bonds:
- €700 million notes maturing on June 30, 2027, bearing a 1.375% coupon;
- €800 million notes maturing on January 26, 2028, also with a 1.375% coupon.

Simultaneously, Gecina intends to issue a €500 million 10-year Green Bond (the New Notes).

This operation will enable Gecina to proactively manage its debt structure by further optimizing
its debt schedule and gain greater visibility by extending its financial maturities.

A mechanism of priority allocation in the New Notes may be applied, at the sole and absolute
discretion of Gecina, for holders of Existing Notes willing to participate in the Tender Offer and
to subscribe New Notes.

The Tender Offer is being made on the terms and subject to the conditions contained in the Tender
Offer Memorandum dated 24 July 2025. The Tender Offer is subject, among other conditions, to the
successful settlement of the issue of the New Notes, in the sole determination and satisfaction of
Gecina.




About Gecina
Gecina is a leading operator, that fully integrates all real estate expertise, owning, managing, and developing a
unique prime portfolio valued at €17.0bn as at June 30, 2025. Strategically located in the most central areas of Paris
and the Paris Region, Gecina’s portfolio includes 1.2 million sq.m of office space and nearly 5,300 residential units. By
combining long-term value creation with operational excellence, Gecina offers high-quality, sustainable living and
working environments tailored to the evolving needs of urban users.
As a committed operator, Gecina enhances its assets with high-value services and dynamic property and asset
management, fostering vibrant communities. Through its YouFirst brand, Gecina places user experience at the heart
of its strategy. In line with its social responsibility commitments, the Fondation Gecina supports initiatives across
four core pillars: disability inclusion, environmental protection, cultural heritage, and housing access. Gecina is a
French real estate investment trust (SIIC) listed on Euronext Paris, and is part of the SBF 120, CAC Next 20 and CAC
Large 60 indices.
Gecina is also recognized as one of the top-performing companies in its industry by leading sustainability rankings
(GRESB, Sustainalytics, MSCI, ISS-ESG, and CDP) and is committed to radically reducing its carbon emissions by
2030.
www.gecina.fr

Gecina Contacts
Financial communications
Press relations

Nicolas BROBAND Glenn DOMINGUES
Tel.: +33 (0)1 40 40 18 46 Tel.: + 33 (0)1 40 40 63 86
nicolasbroband@gecina.fr glenndomingues@gecina.fr

Virginie STERLING Armelle MICLO
Tel.: +33 (0)1 40 40 62 48 Tel.: + 33 (0)1 40 40 51 98
virginiesterling@gecina.fr armellemiclo@gecina.fr