DGAP-News: DIC Asset AG taps its 2017 Corporate Bond
07.03.2018 (www.4investors.de) -
DGAP-News: DIC Asset AG / Key word(s): Bond
DIC Asset AG taps its 2017 Corporate Bond
07.03.2018 / 08:30
The issuer is solely responsible for the content of this announcement.
DIC Asset AG taps its 2017 Corporate Bond
Frankfurt/Main, 07 March 2018. Today, the real estate company DIC Asset AG (WKN A1X3XX / ISIN DE000A1X3XX4) decided to tap its corporate bond issued on 11 July 2017 (WKN A2GSCV / ISIN DE000A2GSCV5) by way of a private placement by EUR 50 million to a target volume of EUR 180 million.
The new notes will have the same terms and conditions as the existing notes, including the maturity date 11 July 2022. The issue and settlement date is expected to be 14 March 2018.
The new notes are expected to be admitted for trading on the Official List of the Luxembourg Stock Exchange in the regulated market "Bourse de Luxembourg" under the temporary WKN A2G8V9 / ISIN DE000A2G8V90 as of 14 March 2018. On the evening of 25 April 2018 the new notes are expected to be transferred into the listing of the existing notes with the securities code number WKN A2GSCV / ISIN DE000A2GSCV5 on the Official List of the Luxembourg Stock Exchange in the "Bourse de Luxembourg" regulated market. DIC Asset AG intends to use the net proceeds from the tap for general corporate purposes.
Bankhaus Lampe KG is managing the placement as sole bookrunner.
Disclaimer (Exclusion of Liability)
This document is intended solely for information purposes, and constitutes neither an offer of securities for sale nor a solicitation of an offer to purchase or subscribe securities.
A public offer of the securities will not take place.
This document constitutes neither an offer of securities for sale nor a solicitation to submit an offer for the purchase of securities in the United States of America, nor is it part of such an offer or such a solicitation. The securities have not been and will not be registered pursuant to the provisions of the United States Securities Act, and may not be sold or offered for sale in the United States of America except after prior registration pursuant to the provisions of the US Securities Act as amended or else on the basis of an exemption from the registration requirement.
The information provided in this publication must not be forwarded to or within the United States of America, Canada, Japan or Australia.
Unless expressly stated otherwise, all of the information, data, assumptions and forward looking statements contained in this document refer to information, data and forecast that were available to DIC Asset AG at the time of publication. In accordance with applicable laws, DIC Asset AG assumes no obligation to, and will not, update this document in any form whatsoever.
For more details on DIC Asset AG, visit the company's homepage at www.dic-asset.de.
Investor Relations & Corporate Communications:
DIC Asset AG
Head of Investor Relations & Corporate Communications
Neue Mainzer Strasse 20 - MainTor
D-60311 Frankfurt am Main
Phone +49 69 9454858-1462
Fax +49 69 9454858-9399
About DIC Asset AG:
DIC Asset AG is one of Germany's leading listed property companies, and specialises in commercial real estate With around 20 years of experience on the German real estate market, the company maintains a regional footprint on all major German markets through six branch offices, and has around 180 assets with a combined market value of c. EUR 4.4 billion under management. DIC uses a hybrid business model to manage its business divisions Commercial Portfolio, Funds and Other Investments. Taking an active asset management approach, DIC employs its proprietary, integrated real estate management platform to raise capital appreciation potential in its business divisions and to boost its revenues.
In its Commercial Portfolio division (EUR 1.6 billion in assets under management), DIC acts as proprietor and property asset holder, and thus generates revenues both from the management of the assets and through the value optimisation of its own real estate portfolio. The Funds division (EUR 1.5 billion in assets under management) generates its revenues by acting as issuer and manager of special real estate funds for institutional investors. Gathered in the business unit Other Investments (EUR 1.3 billion in assets under management) are joint venture investments, equity investments in property developments, strategic financial investments, and the management of properties in which the company holds no equity stakes.
DIC Asset AG has been included in the SDAX(R) segment of the Frankfurt Stock Exchange since June 2006. The Company's shares are also included in the EPRA index, which tracks the performance of the most important European real estate companies.
07.03.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
DIC Asset AG
Neue Mainzer Straße 20 * MainTor
60311 Frankfurt am Main
+49 69 9454858-1462
+49 69 9454858-9399
DE000A1X3XX4, DE000A1TNJ22, DE000A12T648
A1X3XX, A1TNJ2, A12T64
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxemburg
End of News
DGAP News Service
Francotyp-Postalia hat das Tor zum Internet der Dinge
IPO-Kandidat Homes + Holiday: „Unser Geschäftsmodell hat sich bewährt und ist skalierbar“
Staramba: „Wir haben unsere Lehren gezogen“