Brief: Verianos Examines Issue Of New Corporate Bond

VERIANOS SE

13/01/2020 09:02

Jan 13 (Reuters) - VERIANOS REAL ESTATE AG  GIVG.DE :
    * EXAMINES ISSUE OF NEW CORPORATE BOND
    * PROCEEDS FROM ISSUE WOULD PRIMARILY BE USED TO CO-INVEST
IN REAL
ESTATE FUNDS CURRENTLY IN FUNDRAISING PROCESS
    * PRIVATE PLACEMENT TO PROFESSIONAL AND SEMI-PROFESSIONAL
INVESTORS IS BEING REVIEWED
    * FUNDS RAISED ARE TO BE USED TO GRANT MEZZANINE LOANS WITH
A
VOLUME OF BETWEEN EUR 2.0 AND 8.0 MILLION PER INVESTMENT
(VERIANOS REAL ESTATE MEZZANINE FUND)
    * WE TARGET AN INTERNAL RATE OF RETURN IN DOUBLE-DIGIT RANGE
FOR
BOTH FUNDS

Source text for Eikon:  ID:nEQTh5v9a 
Further company coverage:  GIVG.DE 

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