(BFW) BNP Paribas Selling 22m Shrs in Klepierre Bookbuild, Terms Show



BFW 05/06 15:49 *BNP PARIBAS SELLING 22M SHRS, OR 7%, IN KLEPIERRE, TERMS SHOW

BNP Paribas Selling 22m Shrs in Klepierre Bookbuild, Terms Show
2015-05-06 15:57:31.12 GMT


By Francesca Cinelli
(Bloomberg) -- Shares equivalent to 7% stake, according to
term sheet obtained by Bloomberg.
* Shares offered at between EU39.40 and EU40.20, as much as 5%
discount to today’s close
* Simon Property to buy 2% stake at price of bookbuild;
currently has 18.3%, according to Bloomberg data
* Lockup 90 days
* Exane BNP Paribas sole global coordinator and sole
bookrunner

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To contact the reporter on this story:
Francesca Cinelli in Milan at +39-02-80644-252 or
fcinelli@bloomberg.net

To contact the editor responsible for this story:
James Ludden at +44-20-3525-2645 or
jludden@bloomberg.net