Julius Meinl Living announces the issue of a further EUR 7,499,000 of 2024 / 2029 bonds

NEWS RELEASE

16 June 2025

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Julius Meinl Living announces the issue of a further EUR 7,499,000 of 2024 / 2029 bonds

On 11 July 2024, the Julius Meinl Living group announced the issue by JML Finance (Luxembourg) S.à r.l. (Ticker: “JMLFIN” and the “Issuer”) of EUR 25.0 million of 2024 / 2029 bonds with ISIN: XS2834253127 (the “Notes”) under its EUR 300 million EMTN programme.

The Notes were Tranche 1 of Series 2 of the EMTN programme. Total issuance of the Notes was capped at EUR 50 million. As at the time of issue, the Notes had a yield to maturity of 10.2%. All of the Notes that were issued have now been distributed to investors.

Taking into account the strong progress made by the Julius Meinl Living group (the “Group”) in 2024, as set out in the annual results released on 7 April 2025, and the group’s strong pipeline of projects for potential acquisition and development into flagship “The Julius” hotels, the Group has now issued a further EUR 7,499,000 of the Notes. Following the issue of these new Notes, the total amount of Notes in issue is EUR 32,499,000.

The Group’s pipeline comprises multiple properties in both central and western European cities. Within the pipeline, the most advanced candidates all benefit from a high degree of readiness for transaction, with due diligence carried out and commercial discussions either underway or substantially completed. In all cases, the scope for profit and for value uplift is significant.

The newly issued Notes are identical in all respects to those issued in July 2024, with a coupon of 7.0% p.a. paid semi-annually in cash and redemption at maturity on 11 July 2029 at 120% of the principal amount of each Note.

The newly issued Notes are now available for distribution to investors. It is expected that they will be priced within the range of 101 – 102 plus interest accrued to the next interest payment date (currently 11 July 2025), representing a range of yields to maturity of 10.7 – 11.0% as at 16 June 2025.

The proceeds from the sale of the newly issued Notes are expected to support the Julius Meinl Living group in the acquisition of at least one new property for development into a flagship “The Julius” hotel.

Requests for information may be directed to: office@juliusmeinlliving.com.

The information in this announcement is information that the Issuer is obliged to make public pursuant to the EU Market Abuse Regulation.