Grand City Properties prices EUR 500 million floating — rate notes due 2028

Grand City Properties launched EUR 500 million floating rate notes due 2028 under its EUR 10 billion EMTN programme. Pricing set at 100% of face value; coupon at 3-month EURIBOR + 1.00% with a 0.00% floor. Issuer call option on Oct. 13, 2027; change of control put at par. * Settlement scheduled for Oct. 13, 2026; notes to be listed on the Luxembourg Stock Exchange regulated market. Proceeds earmarked to refinance or repay existing debt, funding general corporate purposes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grand City Properties SA published the original content used to generate this news brief on October 13, 2026, and is solely responsible for the information contained therein. (C)