Zug Estates Holding AG

Capital/Financing Update • Jan 24, 2017

News Details

Ad-hoc | 24 January 2017 17:35

Successful first issuance of a CHF 100 million fixed-interest bond by Zug Estates

Zug Estates Holding AG / Key word(s): Real Estate/Bond

24-Jan-2017 / 17:35 CET/CEST

Release of an ad hoc announcement pursuant to Art. 53 KR

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Successful first issuance of a CHF 100 million fixed-interest bond by Zug Estates Today, Zug Estates Holding AG successfully placed a CHF 100 million fixed-interest bond with a 0.70% coupon and a maturity of five years. The proceeds will be invested in the further development of Zug Estates’ portfolio. The bond issue allows the Group to diversify its financing instruments and to take advantage of the attractive conditions currently prevailing on the capital market. Credit Suisse and Bank Vontobel were acting as the Joint Lead Manager/Joint Bookrunner for the transaction. An application will be made to have the bond admitted to trading on the SIX Swiss Exchange. The consummation of the bond issuance is scheduled for February 17, 2017.
Upcoming events: March 10, 2017 Publication of the 2016 annual report April 11, 2017 General meeting of shareholders September 1, 2017 Publication of the 2017 half-year report For further information, please contact: Tobias Achermann, CEO, tobias.achermann@zugestates.ch , T +41 41 729 10 10 Gabriela Theus, CFO, gabriela.theus@zugestates.ch , T +41 41 729 10 10 About Zug Estates The Zug Estates Group conceives, develops, markets and manages properties in the Zug region. It focuses on centrally located sites suitable for a wide range of uses and with potential for sustainable development. A large part of the real estate portfolio is located at two sites in Zug and Risch Rotkreuz and is broadly diversified by type of use. The Group also runs a city resort in Zug incorporating the two leading business hotels Parkhotel Zug and City Garden, augmented by a range of restaurant outlets. As at June 30, 2016, the total portfolio value was CHF 1.2 bn. Zug Estates Holding AG is listed on the SIX Swiss Exchange, Zurich, (ticker symbol: ZUGN; securities number: 14 805 212).

Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=SVTEHWSKTK

Document title: Press release

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End of ad hoc announcement

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Language:	English
Company:	Zug Estates Holding AG
	Industriestrasse 12
	6300 Zug
	Switzerland
Phone:	+41 41 729 10 10
E-mail:	ir@zugestates.ch
Internet:	www.zugestates.ch
ISIN:	CH0148052126, CH0148052118
Valor:	A1J0M6
Listed:	Regulated Unofficial Market in Stuttgart; Open Market in Frankfurt ; SIX Swiss Exchange

End of Announcement	EQS Group News Service