Brief: Preos Real Estate To Issue Corporate Bond With Volume Of Up To EUR 400 Mln

PREOS Global Office Real Estate & Technology AG

28/07/2020 10:46

July 28 (Reuters) - PREOS REAL ESTATE AG  PAGn.DE :
    * PLANS TO ISSUE CORPORATE BOND WITH VOLUME OF UP TO EUR 400
MILLION
    * PREOS BOND 2020/2025 IS TO BE OFFERED BY WAY OF A PUBLIC
OFFERING TO INTERESTED INVESTORS IN GERMANY AT AN ISSUE PRICE OF
100% OF NOMINAL AMOUNT
    * INTENDS TO USE EXCHANGE OFFER TO SECURE ITS FUTURE CAPITAL
MARKET CAPABILITY
    * ISSUE IS ALSO INTENDED TO RAISE FUNDS TO FINANCE FURTHER
GROWTH
OF PREOS, IN PARTICULAR TO FURTHER EXPAND PROPERTY PORTFOLIO
    * PUBLITY HAS INFORMED PREOS THAT IT INTENDS TO PARTICIPATE
IN
EXCHANGE OFFER WITH CONVERTIBLE BONDS IT HOLDS FROM CONVERTIBLE
BOND 2019/2024 WITH A VOLUME OF APPROXIMATELY EUR 102 MILLION

Source text for Eikon:  ID:nEQ3ZZXrRa 
Further company coverage:  PAGn.DE 

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