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The redemption of debt below it's par value allows the company to profit partially from of the changing interest rate environment. In it's 2022 Annual report Aroundtown stated it's LTV compared to the fair value of it's debt at 26%. <ref>https://www.aroundtown.de/fileadmin/user_upload/04_investor_relations/downloads/2022/AT_FY_2022_financials_presentation.pdf p.8</ref> | |||
== References == |