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 Debt18-Sep-2017 / 08:21 CET/CESTDisclosure

DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Issue of Debt

18-Sep-2017 / 08:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


 

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

www.demire.ag

_______________________________________




 

18-Sep-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Contact
DEMIRE Deutsche Mittelstand Real Estate AG
Robert-Bosch-Straße 11
63225 Langen
phone: +49 (0) 6103 – 372 49-0
fax: +49 (0) 6103 – 372 49-11
email:
Web: www.demire.ag

INVESTOR RELATIONS CONTACT
Michael Tegeder
Leiter Investor Relations
& Corporate Finance

phone: +49 (0) 6103 37249 44
fax: +49 (0) 6103 37249 11
email:

PUBLIC RELATIONS CONTACT
RUECKERCONSULT GmbH
Mr Nikolaus von Raggamby
phone: +49 30 28 44 987 40
email: