DGAP-News: DIC Asset AG / Key word(s): Bond
DIC Asset AG taps its Corporate Bond from 2014
21.04.2015 / 08:25
---------------------------------------------------------------------
Press Release
Frankfurt, 21 April 2015
DIC Asset AG taps its Corporate Bond from 2014
Today, the SDAX-listed real estate company DIC Asset AG (WKN A1X3XX / ISIN
DE000A1X3XX4) will tap its corporate bond 14/19 (WKN A12T64 / ISIN
DE000A12T648, issued on 8 September 2014) by up to EUR 50 million,
increasing the total volume of the bond up to EUR 175 million. The new
notes will be offered in a private placement.
The new notes will have the same terms and conditions as the existing
notes, including the maturity date 08 September 2019. The issue and
settlement date is expected to be 27 April 2015.
From 27 April 2015 the bonds are expected to be included in the (Open
Market) Entry Standard of the Frankfurt Stock Exchange (temporary ISIN/WKN
DE000A14J694/A14J69) and to participate in the Prime Standard for corporate
bonds of the German stock exchange (Deutsche Börse AG). Probably on 8 June
2015, the bonds will be listed under ISIN / WKN DE000A12T648 / A12T64 in
the (Open Market) Entry Standard of the Frankfurt Stock Exchange and will
participate in the Prime Standard for corporate bonds of the German stock
exchange (Deutsche Börse AG).
DIC Asset AG intends to use the net proceeds of the placement to refinance
existing bank debt at portfolio and property level, and for general
corporate purposes.
Bankhaus Lampe is managing the transaction as sole bookrunner.
Disclaimer
This document does not constitute an offer to sell or the solicitation of
an offer to buy or subscribe for any securities of DIC Asset AG.
This information is not intended for distribution, publication, or
dissemination in the United States of America, Canada, Japan or Australia,
or in any other jurisdiction where the offer or the sale of securities of
DIC Asset AG is not permitted.
The subsequent information constitutes neither an offer to sell nor a
solicitation to submit a quote for the purchase of securities in the United
States of America, nor is it part of any such offer or solicitation. The
securities referred to herein have not been and will not be registered
under the US Securities Act of 1933, and may not be sold in the United
States of America expect upon prior registration in compliance with the
Securities Act in its latest version, or unless they are sold or offered
for sale without prior registration on the basis of an exemption provision.
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.
About DIC Asset AG:
Established in 2002, DIC Asset AG, with registered offices in
Frankfurt/Main, is a real estate company with a dedicated investment focus
on commercial real estate in Germany, pursuing a return-oriented investment
policy. Real estate assets under management currently amount to approx. EUR
3.4 billion, comprising around 230 properties. The Company's investment
strategy is geared to the continued development of a high-quality, highly
profitable and regionally diversified portfolio. The real estate portfolio
is structured in two segments: the Commercial Portfolio (EUR 2.2 billion)
comprises existing properties with long-term rental contracts generating
attractive rental yields. The Co-Investments segment (pro-rata share of EUR
0.2 billion) comprises fund investments, joint-venture investments, and
interests in development projects. DIC Asset AG provides a direct service
to tenants through its own real estate management teams in six branch
offices located at the regional hubs within the portfolio. This provides
DIC Asset AG with an edge in terms of market presence and expertise, and
builds the foundation for maintaining and increasing income - and the value
of its real estate assets. 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.
For more information on DIC Asset AG, please visit the Company's website
www.dic-asset.de.
Media contacts:
Thomas Pfaff Kommunikation
Höchlstrasse 2
81675 Munich, Germany
Phone: +49 89 992496-50
Fax: +49 89 992496-52
Mobile: +49 172 8312923
kontakt@pfaff-kommunikation.de
Investor Relations
Peer Schlinkmann
Neue Mainzer Strasse 20 - MainTor
60311 Frankfurt/Main, Germany
Phone: +49 69 274033-1221
Fax: +49-69-274033-9399
P.Schlinkmann@dic-asset.de
---------------------------------------------------------------------
21.04.2015 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.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: DIC Asset AG
Neue Mainzer StraÃe 20 * MainTor
60311 Frankfurt
Germany
Phone: +49 69 9454858-1221
Fax: +49 69 9454858-9399
E-mail: ir@dic-asset.de
Internet: www.dic-asset.de
ISIN: DE000A1X3XX4, DE000A1TNJ22, DE000A12T648
WKN: A1X3XX, A1TNJ2, A12T64
Indices: S-DAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
346367 21.04.2015
DGAP-News: DIC Asset AG taps its Corporate Bond from 2014
| Source: EQS Group AG