Citycon Oyj updates its guidance policy following the issuance of Capital Securities
CITYCON OYJ Stock Exchange Release 6 February 2020 at 09.05 hrsCitycon’s Board of Directors has resolved to update Citycon’s guidance policy following the issuance of Subordinated Capital Securities (“hybrid bond”). In order to quantify the impact of hybrid bond coupons, Citycon will also provide guidance on adjusted EPRA EPS after hybrid bond coupon payments. As of 2020, Citycon will provide guidance on direct operating profit, EPRA EPS and adjusted EPRA EPS. Citycon announced on 18 November 2019 that it issued EUR 350 million green hybrid bond with an issue date of 22 November 2019.