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PEAN - Peach Property AG News Story

CHF62.8 0.8  1.3%

Last Trade - 21/09/21

Sector
Financials
Size
Mid Cap
Market Cap £739.2m
Enterprise Value £1.98bn
Revenue £270.5m
Position in Universe 444th / 1057

BRIEF-Peach Property Group Places Bond For EUR 300 Million

Fri 16th October, 2020 6:10am
Oct 16 (Reuters) - PEACH PROPERTY GROUP AG  PEAN.S :
    * CORPORATE BOND WITH A VOLUME OF EUR 300 MILLION FULLY
PLACED
    * PROCEEDS TO BE USED TO FINANCE ANNOUNCED PORTFOLIO
PURCHASES IN
GERMANY
    * TERM OF FIVE YEARS, COUPON OF 4.375 PERCENT P.A.
    * BOND, WHICH WAS ISSUED AT AN ISSUE PRICE OF 100 PERCENT,
HAS A
TERM OF FIVE YEARS. INTEREST RATE IS 4.375 PERCENT P.A.
    * RESIDENTIAL PORTFOLIO OF PEACH PROPERTY AG INCREASES TO 23
000
APARTMENTS UNTIL END OF 2020 WITH A MARKET VALUE OF
APPROXIMATELY CHF 2 BILLION

Source text for Eikon:  ID:nPexMV431a 
Further company coverage:  PEAN.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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