Domicil Real Estate AG
Domicil Real Estate AG: Domicil Real Estate AG signs borrower’s note loan in the amount of approx. EUR 300 million
DGAP-News: Domicil Real Estate AG
/ Key word(s): Bond/Financing
PRESS RELEASE Domicil Real Estate AG signs borrower’s note loan in the amount of approx. EUR 300 million – Term of 4 years – Interest coupon of 4.00 per cent p.a. Munich, 16 December 2021 – A subsidiary of the real estate and investment company Domicil Real Estate AG has signed a borrower’s note loan in the amount of approx. EUR 300 million. The issued borrower’s note has a term of four years and bears an interest coupon of 4.00 per cent p.a. The funds are being used to finance a portfolio of real estate assets acquired by Domicil. Deutsche Bank AG serves as the arranger, bank, initial creditor and payment agent.
Legal advice was provided to Domicil by Ashurst, with White & Case acting on behalf of the bank. Wilmington Trust SP Services (Frankfurt) GmbH is serving as the security trustee and Solutus Advisors GmbH as the facility agent. About Domicil Real Estate AG Domicil Real Estate Group is a real estate investment company with its registered headquarters in Munich. Its core business is the purchase and sale of residential real estate throughout the whole of Germany. The focus is placed on the acquisition of mid-size to large portfolios of apartments and the prompt resale to tenants, owner-occupiers and investors. This can encompass individual apartments as well as entire properties and portfolios. Furthermore, Domicil makes its competence available to institutional clients across all areas of the value-added chain – from the purchase, through the portfolio and asset management, to the subsequent exit. Further information: www.domicil-group.de Press contact Elisabeth Knöpfle
16.12.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |