Citycon Oyj - Company Announcement

Citycon Oyj issues EUR 150 million domestic bond

CITYCON OYJ            Stock Exchange Release	              4 May 2012 at 15:50
hrs 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR
INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA, HONG KONG OR IN
ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY
APPLICABLE LAW. 

Citycon Oyj issues a EUR 150 million senior unsecured domestic bond. The
five-year bond matures on 11 May 2017. The bond carries fixed annual interest
at the rate of 4.25 per cent, payable annually on 11 May. 

The bonds were allocated to approximately 40 investors and the bond offering
was oversubscribed. Citycon will apply for the listing of the bond on NASDAQ
OMX Helsinki Ltd. 

The proceeds from the bond offering will be used to repay existing debt and for
general corporate purposes. 

Executive Vice President and CFO Eero Sihvonen: “We are pleased with the market
reception of Citycon's domestic bond. The deal size was increased to the
maximum of the marketing range while the coupon was fixed closer to the lower
end of the pricing range. The deal was oversubscribed and closed within a few
hours. This transaction also marks an important step in diversification of
Citycon's funding sources.” 

Nordea Markets and Pohjola Markets acted as joint arrangers and bookrunners for
the transaction. 

Helsinki, 4 May 2012

CITYCON OYJ
Marcel Kokkeel
CEO

For further information, please contact:

Eero Sihvonen, Executive Vice President and CFO
Tel. +358 20 766 4459 or +358 50 557 9137
eero.sihvonen@citycon.fi

Distribution:
NASDAQ OMX Helsinki
Major media
www.citycon.com