DGAP-News: alstria office REIT-AG: alstria places 'Schuldscheindarlehen'with a total volume of EUR 150 m


DGAP-News: alstria office REIT-AG / Key word(s): Miscellaneous
alstria office REIT-AG: alstria places 'Schuldscheindarlehen'with a total
volume of EUR 150 m

02.05.2016 / 17:35
The issuer is solely responsible for the content of this announcement.

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Press release

alstria office REIT-AG places 'Schuldscheindarlehen'with a total volume of
EUR 150 m
  
- Placement of a Euro denominated, unsecured 'Schuldscheindarlehen' with a
nominal value of EUR 150 m

- Average maturity of 7.1 years with an average coupon of 2.07% 

- New source of financing provides flexibility in alstria's debt management

- Proceeds will be used to refinance existing bank debt 

HAMBURG, May 2, 2016 - alstria office REIT-AG (symbol: AOX, ISIN:
DE000A0LD2U1) ('alstria'), the leading German office REIT, announces the
successful placement of its first promissory note ('Schuldscheindarlehen').

The total size of the 'Schuldschein' issuance market in 2015 was EUR 20 bn,
making it a liquid debt market widely used by German corporates. Investors
in this space are mainly savings- and loans banks in Germany, insurers,
pension funds as well as international banks.

With the transaction announced today, alstria is one of the few real estate
companys to issue an unsecured 'Schuldscheindarlehen', opening this market
also for real estate operators and further diversifying its sources of
financing.

alstria's 'Schuldscheindarlehen' with a total nominal value of EUR 150 m
has a maturity of between 4 and 10 years (average maturity 7.1 years). The
average coupon of the notes amounts to 2.07% p.a. The offer was
substantially oversubscribed and was placed with 47 German and
international financial institutions. The proceeds from the new debt
instrument will be used to refinance existing secured bank debt.

'The achievement of an investment grade rating by S&P in November 2015
opens us a range of new options in the refinancing market', said Olivier
Elamine, CEO of alstria office REIT-AG. 'It was important for alstria to be
able to establish its name not only in the Debt Capital Market, but also in
the Schuldschein-Market, in order to further diversify the sources of
capital'.

BNP Paribas and Landesbank Hessen-Thüringen acted as Joint
Lead Managers on the transaction.

Contact IR/PR:
Ralf Dibbern
Bäckerbreitergang 75
20355 Hamburg, Germany
Tel: +49 (0) 40 226 341 329 
Email: rdibbern@alstria.de 

More information on: 
www.alstria.com
www.alstria.blogspot.com
www.twitter.com/alstria_REIT

About alstria: 
alstria office REIT-AG is an internally managed Real Estate Investment
Trust (REIT) focused solely on acquiring, owning and managing office real
estate in Germany. alstria was founded in January 2006 and was converted
into the first German REIT in October 2007. Its headquarters are in
Hamburg. The combination of alstria and Deutsche Office creates the leading
listed German office real estate company with a combined portfolio of 120
office buildings comprising 1.7 million sqm of lettable space and
representing a total portfolio value of approximately EUR 3.3 billion (as
of December 31, 2015). The alstria office REIT-AG strategy is based on
active asset and portfolio management as well as on establishing and
maintaining good relationships with key customers and decision makers.
alstria focuses on long-term real estate value creation.

Disclaimer: 
This release constitutes neither an offer to sell nor a solicitation of an
offer to buy any shares. As far as this press release contains
forward-looking statements with respect to the business, financial
condition and results of operations of alstria office REIT-AG (alstria),
these statements are based on current expectations or beliefs of alstria's
management. These forward-looking statements are subject to a number of
risks and uncertainties that could cause actual results or performance of
the Company to differ materially from those reflected in such
forward-looking statements. Apart from other factors not mentioned here,
differences could occur as a result of changes in the overall economic
situation and the competitive environment - especially in the core business
segments and markets of alstria. Also, the development of the financial
markets and changes in national as well as international provisions
particularly in the field of tax legislation and financial reporting
standards could have an effect. Terrorist attacks and their consequences
could increase the likelihood and the extent of differences. alstria
undertakes no obligation to publicly release any revisions or updates to
these forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated events.


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02.05.2016 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

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   Language:    English                                                    
   Company:     alstria office REIT-AG                                     
                Bäckerbreitergang 75                                       
                20355 Hamburg                                              
                Germany                                                    
   Phone:       040-226 341 300                                            
   Fax:         040-226 341 310                                            
   E-mail:      info@alstria.de                                            
   Internet:    http://www.alstria.de                                      
   ISIN:        DE000A0LD2U1                                               
   WKN:         A0LD2U                                                     
   Indices:     MDAX, EPRA, German REIT Index                              
   Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated  
                Unofficial Market in Berlin, Hamburg, Munich, Stuttgart;   
                Terminbörse EUREX                                          
 
 
   End of News    DGAP News Service  
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