Brief: Verianos Places First Tranche Of New Bond 2020/2025

VERIANOS SE

05/03/2020 15:01

March 5 (Reuters) - VERIANOS REAL ESTATE AG  GIVG.DE :
    * FIRST TRANCHE OF THE NEW BOND 2020/2025 OF VERIANOS REAL
ESTATE
AG PLACED
    * BOND IS LISTED ON OPEN MARKET OF FRANKFURT STOCK EXCHANGE
AS OF
TODAY, 5 MARCH 2020, AND IS TRADABLE WITH A NOMINAL VALUE OF EUR
1,000
    * INTEREST RATE IS FIXED AT 6.00% P.A. AND MATURITY OF NEW
BOND IS
5 YEARS
    * PRIVATE PLACEMENT WITH AN ISSUE VOLUME OF EUR 4.25 MILLION
    * FURTHER TRANCHES WILL FOLLOW IN LINE WITH CORRESPONDING
INVESTMENT OPPORTUNITIES
    * WITH A MINIMUM SUBSCRIPTION OF EUR 100,000, PRIVATE
PLACEMENT IS
AIMED AT A DEFINED GROUP OF INVESTORS IN GERMANY AND SELECTED
EUROPEAN COUNTRIES
    * INTEREST RATE AT 6.00% P.A., MATURITY OF 5 YEARS
    * PROCEEDS FROM ISSUE WILL PRIMARILY BE USED FOR
CO-INVESTMENTS IN
FUNDS CURRENTLY BEING FUNDRAISED

Source text for Eikon:  ID:nEQ6Vzhv3a 
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