Julius Meinl Living Expands Bond Offering by EUR 7.5 Million

Julius Meinl Living, through JML Finance (Luxembourg) S.à r.l., has issued a further EUR 7,499,000 of 2024/2029 bonds. This comes under their EUR 300 million EMTN program, increasing the total issued notes to EUR 32,499,000. The bonds have a coupon rate of 7.0% per annum, with maturity on 11 July 2029, redeemable at 120% of the principal.

The increased bond issuance follows the strong performance of Julius Meinl Living in 2024, with significant potential for development in flagship "The Julius" hotels. The proceeds are intended to support property acquisitions for future developments.

The new notes, available for distribution, are expected to yield between 10.7% and 11.0% to maturity. This is calculated based on the pricing range of 101 - 102 plus accrued interest as of 16 June 2025.