DEMIRE Deutsche Mittelstand Real Estate AG intends to increase its unsecured fixed rate notes issued in July 2017 by an additional aggregate principal amount of EUR 95 million for refinancing purposes
DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Issue of Debt
AD HOC RELEASE PURSUANT TO ARTICLE 17 MAR DEMIRE Deutsche Mittelstand Real Estate AG intends to increase its unsecured fixed rate notes issued in July 2017 by an additional aggregate principal amount of EUR 95 million for refinancing purposes Langen, 18 September 2017 - DEMIRE Deutsche Mittelstand Real Estate AG (WKN A0XFSF / ISIN DE000A0XFSF0) intends to issue additional notes (tap) in an aggregate principal amount of EUR95 million of its rated, unsecured fixed rate notes (2.875% p.a.), issued in July 2017, with a term of five years (until 2022) and governed by New York law (144A/Reg S). Such additional notes are expected to be admitted to trading on the Luxembourg Stock Exchange (Euro MTF Market). The net proceeds from the proposed offering will be used to refinance existing indebtedness of Germavest S.à r.l., an indirect subsidiary of DEMIRE Deutsche Mittelstand Real Estate AG, in a total principal amount of c. EUR 94 million and with an average interest rate of c. 4.4% p.a.
Contact DEMIRE Deutsche Mittelstand Real Estate AG Robert-Bosch-Straße 11 D-63225 Langen Telephone: +49 (0) 6103 - 372 49 - 0 Fax: +49 (0) 6103 - 372 49 - 11 ir@demire.ag www.demire.ag _______________________________________ 18-Sep-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | DEMIRE Deutsche Mittelstand Real Estate AG |
Robert-Bosch-Straße 11 im 'the eleven' | |
63225 Langen (Hessen) | |
Germany | |
Phone: | +49 6103 37249-0 |
Fax: | +49 6103 37249-11 |
E-mail: | ir@demire.ag |
Internet: | www.demire.ag |
ISIN: | DE000A0XFSF0 |
WKN: | A0XFSF |
Listed: | Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart, Tradegate Exchange |
End of Announcement | DGAP News Service |