ADLER Real Estate AG

Capital/Financing Update • Mar 28, 2019

News Details

Ad-hoc | 28 March 2019 13:36

ADLER Real Estate AG: Early redemption of 2015/2020 bond (WKN A14J3Z) intended

ADLER Real Estate AG / Key word(s): Bond/Financing

ADLER Real Estate AG: Early redemption of 2015/2020 bond (WKN A14J3Z) intended

28-March-2019 / 13:36 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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ADLER Real Estate AG

(ISIN XS1211417362; WKN A14J3Z)

Berlin, March 28, 2019 – ADLER Real Estate AG, the German residential real estate company, has mandated J.P. Morgan as sole Global Coordinator, and J.P. Morgan, Morgan Stanley and Unicredit as bookrunners to arrange a series of fixed-income investor update meetings on April 1 and 2. A new EUR 300m to 400m senior unsecured transaction will follow, subject to market conditions.

The proceeds of the potential bond offering will be used to repay existing debt. In this context, subject to a successful transaction, ADLER is intending to exercise its issuer call right under the 4.750% notes due 2020 (ISIN XS1211417362; WKN A14J3Z) (the “ Notes “) with an outstanding principal amount of EUR 300m and to redeem all outstanding Notes at par. Should ADLER exercise its call right, a formal notice of termination will be published in accordance with the terms of the Notes.

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28-March-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	ADLER Real Estate AG
	Joachimsthaler Straße 34
	10719 Berlin
	Germany
Phone:	+49 30 398 018 10
Fax:	+49 30 639 61 92 28
E-mail:	info@adler-ag.com
Internet:	www.adler-ag.com
ISIN:	DE0005008007, XS1211417362, DE000A1R1A42, DE000A11QF02
WKN:	500800, A14J3Z, A1R1A4, A11QF0
Indices:	SDAX, GPR General Index
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	793017

End of Announcement	DGAP News Service