Coreo bond: Subscription period commences with subscription commitments of EUR 8 million from the anchor shareholders
DGAP-News: Coreo AG
/ Key word(s): Bond/Real Estate
Coreo bond: Subscription period commences with subscription commitments of EUR 8 million from the anchor shareholders
Frankfurt am Main - 24 August 2020 - "Apeiron Investment Group Ltd.", Family Office of Christian Angermayer, and "alex schütz familienstiftung", the two anchor shareholders of Coreo AG, independently communicated to the company that they or companies and investors associated with them intend to subscribe to at least EUR 4 million each of the Coreo Bond. The company intends to use the proceeds of the bond of up to EUR 30 million to continue its dynamic portfolio growth. Rental income shall be increased sustainably - while at the same time reducing financing costs - through further investments in high-yielding properties with high potential for value increase. The bond pays 6.75% interest per year with interest payments every six months. The term is 5 years. After closing the bond will trade in the Open Market of the Frankfurt Stock Exchange. Within the framework of the public offering, investors can now subscribe via the "DirectPlace" subscription functionality of Deutsche Boerse. Investors can find information on how to submit a subscription and further info on the bond here: https://www.boerse-frankfurt.de/coreo and https://www.coreo.de/#investoren. The prospectus approved by the Luxembourg securities supervisory authority Commission de Surveillance du Secteur Financier (CSSF) on 14 August 2020 is available for download under https://www.coreo.de/fileadmin/Investor_Relations/Anleihe_2020-2025/Coreo_AG_-_Prospectus_-_14._August_2020.pdf. futurum bank AG will accompany the transaction as lead manager. About Coreo AG Except for certain exemptions under the Securities Act, the securities described in this announcement may not be sold or offered for sale in Australia, Canada, or Japan, or to or for the account or benefit of persons resident or domiciled in Australia, Canada, or Japan. This release comprises future-related statements that are subject to certain risks and uncertainties. Due to various risk factors and uncertainties, including changes in business, economic and competitive conditions, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing, future results could differ materially from those currently anticipated. The Company assumes no responsibility to update the future-related statements contained in this release. Coreo AG Andrea Glaab Investor Relations Grüneburgweg 18 D-60322 Frankfurt a. M. ir@coreo.de T: +49 (0) 69-21 93 96-0
24.08.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Coreo AG |
Grüneburgweg 18 | |
60322 Frankfurt am Main | |
Germany | |
Phone: | +49 69 2193 96-0 |
Fax: | +49 69 2193 96-150 |
E-mail: | ir@coreo.de |
Internet: | www.coreo.de |
ISIN: | DE000A0B9VV6 |
WKN: | A0B9VV |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1121961 |
End of News | DGAP News Service |
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1121961 24.08.2020