Investor calls for proposed bond offering
MAS Real Estate Inc.
Registered in the British Virgin Islands
Registration number 1750199
JSE share code: MSP
LEI code: 213800T1TZPGQ7HS4Q13
(“MAS” or “the Company”)
INVESTOR CALLS FOR PROPOSED BOND OFFERING
MAS, a JSE listed property investor and operator focused on retail property investments in CEE, rated Ba1(stable) by
Moody’s and BB(positive) by Fitch, has mandated Deutsche Bank as Sole Global Coordinator, and together with
Raiffeisen International Bank as Joint Bookrunners to arrange a series of fixed income investor calls commencing
today 4 May 2021. A NetRoadshow presentation with video recording will be made available. An inaugural 5-year Reg
S senior unsecured Green bond offering with expected size of EUR 300m minimum by MAS Securities BV and
guaranteed by MAS Real Estate Inc will follow, subject to market conditions.
MAS Real Estate’s Green Financing Framework is available at:
The Second Party Opinion issued by Sustainalytics is available at:
Application has been made to Euronext Dublin for the bond to be admitted to the official list and to trading on the
Global Exchange Market of Euronext Dublin.
Deutsche Bank is acting as Sole Green Structuring Agent and is coordinating roadshow logistics. FCA/ICMA stabilization
www.netroadshow.com/nrs/home/#!/?show=e8e267d2 or visit www.netroadshow.com and enter the entry code:
MAS21 (not case-sensitive)
The Company will be represented by:
Martin Slabbert – Chief Executive Officer
Victor Semionov – Executive Director
Irina Grigore – Chief Financial Officer
By accepting, viewing or reading this document, the recipient agrees to be bound by the following obligations and
This document is indicative and is strictly confidential to the recipient and has been prepared by the Joint Bookrunners
for information purposes only in connection with the transaction. The final terms and conditions of the transaction will
be set out in full in the applicable offering document(s), pricing supplement or binding transaction document(s).
This document shall not constitute an underwriting commitment, an offer of financing, an offer to sell, or the solicitation
of an offer to buy any securities described herein, which shall be subject to the satisfaction of all appropriate conditions,
including the completion of final documentation to Joint Bookrunners’ satisfaction. It has not been prepared for, should
not be provided to, and should not be relied upon by, any investor or any other person for any purpose and no part of it
may be reproduced, distributed or transmitted without the prior written permission of the Joint Bookrunners.
The Joint Bookrunners are not responsible for providing or arranging for the provision of any general financial, strategic
or specialist advice, including legal, regulatory, accounting, model auditing or taxation advice or services or any other
services in relation to the transaction and/or any related securities described herein. The Joint Bookrunners are acting
solely in the capacity of arms’ length contractual counterparty and not as adviser, agent or fiduciary to any person. The
Joint Bookrunners accept no liability whatsoever to the fullest extent permitted by law for any consequential losses
arising from the use of this document or reliance on the information contained herein.
The distribution of this document and the offering in certain jurisdictions may be restricted by law and therefore persons
into whose possession this document comes should inform themselves about and observe any such restrictions. Any
failure to comply with these restrictions could result in a violation of the laws of such jurisdiction.
The securities and the guarantee described herein have not been and will not be registered under the U.S. Securities
Act of 1933, as amended (the "Securities Act") and may not be offered or sold within the United States or to or for the
account or benefit of U.S. persons, as defined in Regulation S under the Securities Act. This document is not intended
for distribution to and must not be passed on to any retail client.
NO ACTION HAS BEEN MADE OR WILL BE TAKEN THAT WOULD PERMIT A PUBLIC OFFERING OF ANY SECURITIES DESCRIBED HEREIN IN ANY
JURISDICTION IN WHICH ACTION FOR THAT PURPOSE IS REQUIRED. NO OFFERS, SALES, RESALES OR DELIVERY OF ANY SECURITIES DESCRIBED
HEREIN OR DISTRIBUTION OF ANY OFFERING MATERIAL RELATING TO ANY SUCH SECURITIES MAY BE MADE IN OR FROM ANY JURISDICTION EXCEPT
IN CIRCUMSTANCES WHICH WILL RESULT IN COMPLIANCE WITH ANY APPLICABLE LAWS AND REGULATIONS AND WHICH WILL NOT IMPOSE ANY
OBLIGATION ON THE JOINT BOOKRUNNERS OR ANY OF THEIR AFFILIATES.
The Joint Bookrunners, their affiliates and the individuals associated therewith may (in various capacities) have positions
or deal in transactions or securities (or related derivatives) identical or similar to those described herein.
This document does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of
any securities nor is it intended to be an inducement to engage in investment activity for the purpose of Section 21 of
the Financial Services and Markets Act 2000 of the United Kingdom (the “FSMA”).
This document has been sent to you in an electronic form. You are reminded that documents transmitted via this medium
may be altered or changed during the process of electronic transmission and consequently none of Joint Bookrunners
or any person who controls any of them, nor any member, director, officer, employee nor agent of any of them or affiliate
of any such person accepts any liability or responsibility whatsoever in respect of any difference between the document
distributed to you in electronic format and the original form thereof.
4 May 2021
For further information please contact:
Dan Petrisor, MAS Real Estate Inc. +40 741 184 921
Java Capital, JSE Sponsor +27 11 722 3050
Date: 04-05-2021 11:48:00
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