DGAP-Adhoc: GAGFAH has taken the decision to refinance the loan of the WOBA Group of approx. EUR 1 billion
| Source:Equity Story
GAGFAH S.A. / Key word(s): Capital Reorganisation
04.02.2013 18:27
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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GAGFAH S.A.
2-4, rue Beck
L-1222 Luxembourg
ISIN: LU0269583422
Frankfurt Stock Exchange, Official Market (Prime Standard)
GAGFAH S.A.: AD-HOC-NOTIFICATION PURSUANT TO SECTION 15 OF THE SECURITIES
TRADING ACT
GAGFAH has taken the decision to refinance the loan of the WOBA Group of
approx. EUR 1 billion
Luxembourg, February 4, 2013. Today, GAGFAH has made the decision to pursue
the refinancing of the loan on the WOBA portfolio of approx. EUR 1 billion
and to discontinue the sales process of the WOBA Group. The refinancing is
still subject to the loan documentation with the financing counterparty.
Upon the completion of this transaction, GAGFAH will have made a
significant step towards resolving its 2013 debt maturities.
About GAGFAH S.A.
GAGFAH S.A. is a joint stock corporation organized under the laws of the
Grand Duchy of Luxembourg qualifying as a securitization company under the
Luxembourg Securitization Law of March 22, 2004. The core business of
GAGFAH S.A.'s operating subsidiaries is the ownership and management of a
geographically diversified and well maintained residential property
portfolio located throughout Germany. With a portfolio of more than 145,000
apartments, GAGFAH is the largest residential property company listed in
Germany.
Contact:
GAGFAH S.A.
2-4, rue Beck
L-1222 Luxembourg
Grand Duchy of Luxembourg
Tel: +352 266 366 21
rhoffmann@gagfah.com
04.02.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: GAGFAH S.A.
2-4, rue Beck
1222 Luxemburg
Grand Duchy of Luxembourg
Phone: + 352 266 366 1
Fax: + 352 266 366 01
E-mail: info@gagfah.com
Internet: www.gagfah.com
ISIN: LU0269583422, LU0269583422
WKN: A0LBDT
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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