VERIANOS SE
KFM Mittelstandsanleihen-Barometer: New VERIANOS bond is ‘attractive’
DGAP-News: VERIANOS Real Estate Aktiengesellschaft
/ Key word(s): Bond/Issue of Debt
KFM Mittelstandsanleihen-Barometer: New VERIANOS bond is “attractive”
Tobias Bodamer, member of the VERIANOS Management Board: “Of course we are pleased with this assessment and know that our business model, which has been stable since the company was founded in 2011, our solid financial structure and our growth prospects are important aspects in this regard”. Following the successful BaFin approval as a capital management company (KVG), VERIANOS expects to achieve a significantly higher transaction volume with existing and new investment products and thus increasing results in the coming years. Internationalisation is to be further promoted and opportunities and different developments in the individual markets throughout the EU are to be exploited. “Our goal is to further develop our business model in the coming years in a controlled and sustainable manner for the benefit of our investors, taking into account the highest level of transparency and reliability,” said Tobias Bodamer. The issue volume of the new VERIANOS bond is up to EUR 30 million and will be placed in several tranches in line with the corresponding investment opportunities. The first tranche has a volume of up to EUR 10 million. The interest rate is fixed at 6.00 % p.a., and the new bond has a maturity of 5 years. The subscription period for the private placement is expected to end on 3 March 2020 at 12:00 a.m., subject to an extension or early closure. The bond will be listed on the Open Market of the Frankfurt Stock Exchange. VERIANOS plans to invest the proceeds of the bond issue’s first tranche primarily in co-investments in existing real estate funds as well as in the VERIANOS European Real Estate Opportunities Fund and VERIANOS Real Estate Mezzanine Fund, which are currently in the fundraising process. This will significantly expand the company’s business activities, thus ensuring the sustainable, long-term development.
About VERIANOS Further information on VERIANOS Real Estate Aktiengesellschaft is available on www.verianos.com. This publication constitutes neither an offer to sell nor a solicitation to buy any securities. Contact: Financial and business press
26.02.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | VERIANOS Real Estate Aktiengesellschaft |
Gürzenichstraße 21 | |
50667 Cologne | |
Germany | |
Phone: | +49 221 20046100 |
Fax: | +49 221 20046140 |
E-mail: | ir@verianos.com |
Internet: | www.verianos.com |
ISIN: | DE000A0Z2Y48 |
WKN: | A0Z2Y4 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Stuttgart |
EQS News ID: | 984051 |
End of News | DGAP News Service |