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Deutsche Konsum REIT-AG
Capital/Financing Update • Mar 14, 2025
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Capital/Financing Update
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Ad-hoc | 13 March 2025 20:58
Deutsche Konsum REIT-AG: Deutsche Konsum REIT concludes bridge financing agreement. Changes in the Supervisory Board.
Deutsche Konsum REIT-AG / Key word(s): Miscellaneous
Deutsche Konsum REIT-AG: Deutsche Konsum REIT concludes bridge financing agreement. Changes in the Supervisory Board.
13-March-2025 / 20:58 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
Publication of inside information in accordance with Art. 17 para. 1 of Regulation (EU) 596/2014 on market abuse (market abuse regulation)
Deutsche Konsum REIT concludes bridge financing agreement
Changes in the Supervisory Board
Potsdam, Germany, 13 March 2024 – Deutsche Konsum REIT-AG (the “ Company “) (ISIN: DE000A14KRD3 | WKN: A14KRD | ticker symbol: DKG) has today, with the approval of the Supervisory Board, concluded an agreement on a 5.5% interest p.a. collateralized bridge financing. Together with certain creditors’ commitments, the Company has thus established the necessary conditions for the preparation of an already commissioned restructuring concept by 30 May 2025. The disbursement of the bridge financing is subject to certain customary conditions precedent. Based on the restructuring concept, arrangements shall be made with the relevant creditors, particularly for the repayment of financial liabilities maturing this year.
Simultaneously, it is intended that the independent real estate expert and attorney-at-law Daniel Löhken, who is to be elected by the annual general meeting on 1 April 2025, will seek to become chairman of the Company’s supervisory board following his election to the supervisory board. In this context, Rolf Elgeti and Antje Lubitz have announced that they will not be available for re-election as members of the supervisory board.
Contact:
Deutsche Konsum REIT-AG
The Management Board
Marlene-Dietrich-Allee 12b
14482 Potsdam
Germany
Phone: +49 (0) 331 74 00 76 – 517
E-mail: [email protected]
Contact:
Deutsche Konsum REIT-AG
Mr. Kyrill Turchaninov
CFO
Marlene-Dietrich-Allee 12b
14482 Potsdam
Tel. 0331 / 74 00 76 – 517
Fax: 0331 / 74 00 76 – 599
E-Mail: [email protected]
End of Inside Information
13-March-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | Deutsche Konsum REIT-AG |
| Marlene-Dietrich-Allee 12b | |
| 14482 Potsdam | |
| Germany | |
| Phone: | +49 (0)331 740076517 |
| Fax: | +49 (0)331 740076599 |
| E-mail: | [email protected] |
| Internet: | www.deutsche-konsum.de |
| ISIN: | DE000A14KRD3 |
| WKN: | A14KRD |
| Listed: | Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart, Tradegate Exchange; JSE Securities Exchange |
| EQS News ID: | 2100590 |
| End of Announcement | EQS News Service |
2100590 13-March-2025 CET/CEST