AI assistant
Nextensa SA — Capital/Financing Update 2013
Nov 20, 2013
3982_iss_2013-11-20_baa62856-7981-4488-b07d-96b6d692bf46.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
Leasinvest Real Estate: Successful private placement of EUR 20 million
Today Leasinvest Real Estate proceeded to the early successful closing of a private placement for a total amount of EUR 20,000,000. The bonds have a 7-year term, are due December 4, 2020, and bear a fixed annual gross yield of 3.528%. The issue price of the bonds was equal to their nominal amount, being EUR 100,000.
The bonds were placed with institutional investors. Bank Degroof NV/SA acted as Lead Manager.
Support of the further growth of the portfolio and diversification of the financial resources
The net proceeds of the bond issue will be used for the further growth of the portfolio and contribute to the diversification of the financial resources. With a 7-year term, the bonds also contribute to the increase of the average term of the total debt.
For more information, contact: Leasinvest Real Estate Jean-Louis Appelmans CEO T: +32 3 238 98 77 E: [email protected]
Leasinvest Real Estate SCA
Real estate investment trust (sicafi/vastgoedbevak) Leasinvest Real Estate SCA mainly invests in high quality and well-located shops, offices and logistics buildings in Belgium and the Grand Duchy of Luxembourg. The consolidated real estate portfolio comprises 53 buildings and represents a total surface of 424,858 m².
The sicafi is listed on Euronext Brussels and has a market capitalization of approximately EUR 362 million (value 19/11/2013).