with an eye on the future

Conditions

Below you will finde a brief summary of the terms of the corporate bond:

volume:up to EUR 30. Mio.
offer:Public offer in Germany und Austria, Private placement for international, institutional investors, Conversion offer to creditors of bond 2011/2016
coupon:7,00 % p.a.
Interest payment:biannual, respectively on september 18th and march 18th, first payment on september 18th, 2016
rating:BBB- by Creditreform
collateralization:Secured through mortgages in Austria and Germany, In order to secure the bond’s interest, assignment by way of security of rental income of properties providing the first ranking mortgages to trustee. Transfer of rental revenues from the senior secured properties forward to the trustee in order to pay the interest of the bond (additional declaration of assignment)
Covenants:Change of control, Pay out restrictions, Minimum equity ratio, Negative pledge, Cross default
Listing:Scale Segment Frankfurt Stock Exchange , ISIN: DE000A2AAKQ9
Duration/Maturity:5 years / 18 March 2021
redemption:march 18th 2021