DGAP-News: DIC Asset AG Places 125 Million EUR Bond within Hours

| Source: EQS Group AG
DGAP-News: DIC Asset AG / Key word(s): Issue of Debt
DIC Asset AG Places 125 Million EUR Bond within Hours

02.09.2014 / 16:44


Frankfurt, 02 September 2014

DIC Asset AG Places 125 Million EUR Bond within Hours 

  - Coupon of 4.625 per cent
  - Order book closed early 

The SDAX-listed real estate company DIC Asset AG (WKN A1X3XX / ISIN
DE000A1X3XX4) prematurely ended the placement of its third corporate bond
(WKN A12T64 / ISIN DE000A12T648) after just 5 hours of its announcement due
to strong demand especially among institutional investors.

The corporate bond will have a volume of EUR 125 million on the basis of
subscriptions; target volume was at least EUR 100 million. The bond has
been priced at the lower end of the price range at 4.625 per cent, and has
a maturity of five years.

Ulrich Höller, CEO of DIC Asset AG: "We take the keen demand for our third
bond as a sign for the great and sustained confidence that professional
investors have in our business model."

The net proceeds of this transaction will be used to repay existing debt.
In particular it is the intention of DIC Asset AG to repay its first bond
(ISIN DE000A1KQ1N3, EUR 100,000,000 with a coupon of 5.875 per cent)
prematurely by exercising the call option on 16 October 2014. The new issue
and the planned advance repayment of the first corporate bond will bolster
the Company's existing funding structure, and will help to optimise its
terms of financing.

The bond shall be admitted for listing on the Open Market (Freiverkehr) of
the Frankfurt Stock Exchange and to be admitted for trading on the Prime
Standard for Corporate Bonds (Prime Standard für Unternehmensanleihen) on
08 September 2014.

The transaction was carried out by Bankhaus Lampe KG and Citigroup Global
Markets Limited as joint lead managers.


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.

The public offering of the notes was carried out exclusively through and on
the basis of the prospectus as published on the website of the issuer. Only
the prospectus contains the legally mandated information for investors, and
represents the exclusive basis of information for the acquisition of the
notes in the context of the public offering.

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

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 forecasts that were available to the company 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

For details on DIC Asset AG, please visit us at www.dic-asset.de.

About DIC Asset AG:

Established in 2002, DIC Asset AG, with registered offices in Frankfurt am
Main, is a real estate company with a dedicated investment focus on
commercial real estate in Germany, pursuing a return-oriented investment
policy. The company has a total of around 250 real property assets worth
approximately EUR 3.4 billion under management. The investment strategy of
DIC Asset AG aims at the continuous development of a quality-driven,
high-yield, and regionally diversified portfolio. The portfolio is divided
into two segments: the Commercial Portfolio (EUR 2.2 billion) comprises
existing properties with long-term rental contracts generating attractive
rental yields. The "Co-Investment" segment (EUR 0.2 billion pro rata) pools
fund investments, joint venture investments, and investments in project
developments. Own real estate management teams provide a direct service to
tenants through six branch offices located at the regional hubs within the
portfolio. This kind of market presence and expertise creates the basis for
preserving and enhancing our earnings and real estate values. 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

Press contact:

Thomas Pfaff Kommunikation 
Höchlstrasse 2
D-81675 Munich
Tel. +49-89-992496-50
Fax +49-89-992496-52
Mobile +49-172-8312923

Investor relations

Peer Schlinkmann
Neue Mainzer Strasse 20 - MainTor
D-60311 Frankfurt am Main
Tel. +49-69-274033-1221
Fax +49-69-274033-9399

Facts & Figures 

Type of security: bearer notes
ISIN: DE000A12T648
WKN (securities no.): A12T64
Listing: admission for Prime Standard for corporate bonds planned,
Issuance volume: EUR 125 million
Denomination (par value): EUR 1,000 per note
Interest rate: 4.625 per cent per annum 
Issue date: 08 September 2014 expected
Maturity: 5 years 
Advance repayment: not possible


02.09.2014 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,
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Media archive at www.dgap-medientreff.de and www.dgap.de


Language:    English                                                
Company:     DIC Asset AG                                           
             Neue Mainzer Straße 20 * MainTor                       
             60311 Frankfurt                                        
Phone:       +49 69 9454858-1240                                    
Fax:         +49 69 9454858-9399                                    
E-mail:      ir@dic-asset.de                                        
Internet:    www.dic-asset.de                                       
ISIN:        DE000A1X3XX4, DE000A1KQ1N3, DE000A1TNJ22               
WKN:         A1X3XX, A1KQ1N, A1TNJ2                                 
Indices:     S-DAX                                                  
Listed:      Regulierter Markt in Frankfurt (Prime Standard);       
             Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,  
             München, Stuttgart                                     
End of News    DGAP News-Service  
285216 02.09.2014