with an eye on the future

Highlights:

  • Corporate bond with attractive coupon of 5,50 percent p.a.
  • profitable growth and continuously growing EBIT over the last 7 years
  • profitable business model in growing and high-margin business segments with focus on residential properties, care homes and retail; coremarkets: Germany and Austria
  • Experienced real estate developer with extensive track record
  • two pillars business modell: project development and rental of portfolio properties; stable cash flows can be generated through ongoing rental income
  • Coverage of the entire value chain from site selection to realization
  • next interest payment date on october 26th 2019

Bond 2018 / 2023 at a glance:

Public offer:from 19. April 2018 to 24.april 2018
WKN / ISIN:A2GSSP/DE000A2GSSP3
Volume:up to EUR 30. Mio
coupon:5,50 % p.a.
term/maturity:5 years until april 25th 2023
redemption:april 26th 2023
interest payment:biannual, respectively october 26th and april 26th, first payment on october 26th 2018
Covenants:Minimum equity ratio, dividend payout restriction, negative pledge
Listing:Listing Frankfurt Stock Exchange Open Market/Quotation Board
Applicable law:German law
Documentation:Bond prospectus according to German law approved by BaFin & notification by the FMA, Austria
Use of funds:Project aquisition, development of real estate projects, extension and modernization of the portfolio property as well as strengthening of the working capital