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Peach Property Group AG — Capital/Financing Update 2011
Jul 6, 2011
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Capital/Financing Update
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Ad-hoc | 6 July 2011 07:04
Peach Property Group plans bond issue to raise up to 50 million euros
Peach Property Group AG / Key word(s): Bond/Issue of Debt
06.07.2011 07:04
Release of an ad hoc announcement pursuant to Art. 72 KR
Media release
Peach Property Group plans bond issue to raise up to 50 million euros
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6.6% p.a. coupon; five-year term
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Issuer is Peach Property Group (Deutschland) GmbH
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Proceeds to finance growth in Germany
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Subscription period (without accrued interest) 4 to 15 July 2011
Zurich, 6 July 2011 - Peach Property Group, a leading developer of
high-quality residential property in German-speaking Europe, is planning to
issue a corporate bond on the German capital market. With volume up to EUR
50 million, the bond will pay interest of 6.6% per annum over a five-year
term. Issuer is the Group's German subsidiary, Peach Property Group
(Deutschland) GmbH.
The funds raised by the loan are to be used to support the company's future
growth on the German market. The main emphasis is on financing existing and
new projects, building up portfolio properties and optimising the structure
of the company's finance. CEO Thomas Wolfensberger comments: 'Peach
Property Group has established itself in Germany as a major provider of
top-quality properties. We know this market and discern attractive
potential here - both for project development and for building up a
portfolio of existing properties with good returns. The proceeds of the
bond will lay the foundation for us to tap this potential.'
BaFin, the German federal financial supervisory authority, approved the
bond issue on 1 July 2011. The subscription period, in which accrued
interest is not payable, runs from 4 to 15 July 2011. The bond is being
placed jointly with ACON Actienbank as structuring partner and will be
listed on the German stock exchange's open market. Full information on the
bond, including prospectus, is available at www.peachestates.com/bond
Contact
For investors and analysts:
Dr. Thomas Wolfensberger, Chief Executive Officer
Bruno Birrer, Chief Operating Officer
Tel.: +41 44 485 50 00
[email protected]
For the media:
Siro Barino, Barino Consulting
Tel.: +41 79 335 24 24
[email protected]
Information on Peach Property Group Ltd
Peach Property Group Ltd is one of the leading developers in the area of
top-quality residential property in the German-speaking part of Europe.
Activities cover the entire value chain of property development, from site
surveying to project planning, implementation and marketing. Properties
developed by Peach Property Group Ltd are located on exceptional sites in
or near city centres and holiday resorts. Premier amenities meet the
requirements of a demanding clientele.
Peach Property Group Ltd currently employs 34 real estate and finance
specialists at its Zurich head office and at its Cologne branch. The Group
plans and is currently implementing 14 projects with total target marketing
volume of approximately CHF 800 million. Peach Property Group Ltd has been
listed on the SIX Swiss Exchange since 12 November 2010 (PEAN, ISIN
CH0118530366).
For further information, please visit www.peachestates.com
THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR
OR PURCHASE ANY SECURITIES. THIS DOCUMENT CONSTITUTES NEITHER A PROSPECTUS
WITHIN THE MEANING OF ARTICLE 1156 AND ARTICLE 652a OF THE SWISS CODE OF
OBLIGATIONS NOR A LISTING PROSPECTUS WITHIN THE MEANING OF THE LISTING
RULES OF THE FRANKFURTER WERTPAPIERBÖRSE. THIS DOCUMENT IS NOT BEING ISSUED
IN COUNTRIES OUTSIDE GERMANY AND SWITZERLAND WHERE THE PUBLIC DISSEMINATION
OF THE INFORMATION CONTAINED HEREIN MAY BE RESTRICTED OR PROHIBITED BY LAW.
IN PARTICULAR, THIS INFORMATION IS NOT BEING ISSUED IN THE UNITED STATES OF
AMERICA AND SHOULD NOT BE DISTRIBUTED TO U.S. PERSONS OR PUBLICATIONS WITH
A GENERAL CIRCULATION IN THE UNITED STATES. ANY NON-COMPLIANCE WITH SUCH
RESTRICTIONS MAY RESULT IN AN INFRINGEMENT OF U.S. SECURITIES LAWS.
SECURITIES OF PEACH PROPERTY GROUP (DEUTSCHLAND) GMBH ('COMPANY') ARE NOT
BEING PUBLICLY OFFERED OUTSIDE GERMANY AND SWITZERLAND. IN PARTICULAR, THE
SECURITIES OF THE COMPANY HAVE NOT BEEN REGISTERED UNDER THE U.S.
SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED
STATES OR TO U.S. PERSONS ABSENT THE REGISTRATION UNDER OR AN APPLICABLE
EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES LAWS.
Diese Mitteilung ist kein Angebot zum Kauf oder zur Zeichnung von
Obligationen. Diese Mitteilung gilt nicht als Emissionsprospekt im Sinne
von Art. 1156 und Art. 652a OR oder als Kotierungsprospekt im Sinne der
Kotierungsvorschriften der Frankfurter Wertpapierbörse. Diese Mitteilung
sowie die darin enthaltenen Informationen dürfen nicht in Staaten
ausserhalb Deutschland und der Schweiz verbreitet werden, welche die
öffentliche Verbreitung solcher Informationen gesetzlich beschränken oder
verbieten. Insbesondere darf diese Mitteilung nicht in die Vereinigten
Staaten von Amerika (USA) gebracht oder übertragen werden oder an
U.S.-amerikanische Personen (einschliesslich juristischer Personen) oder an
Medien mit einer allgemeinen Verbreitung in den USA verteilt oder
übertragen werden. Jede Verletzung dieser Beschränkungen kann einen
Verstoss gegen U.S.-amerikanische wertpapierrechtliche Vorschriften
begründen. Die Wertpapiere der Peach Property Group (Deutschland) GmbH
('Gesellschaft') werden ausserhalb von Deutschland und der Schweiz nicht
öffentlich zu Kauf angeboten. Insbesondere wurden sie nicht gemäss den
Regelungen der U.S.-amerikanischen wertpapierrechtlichen Vorschriften
registriert und dürfen ohne entsprechende Registrierung oder ohne das
Vorliegen einer Ausnahmeregelung von der Registrierungspflicht nicht in den
USA oder an U.S.-amerikanische Personen (einschliesslich juristischer
Personen) verkauft, zum Kauf angeboten oder geliefert werden.
06.07.2011 News transmitted by EquityStory AG.
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Language: English
Company: Peach Property Group AG
Seestrasse 346
8038 Zürich
Schweiz
Phone: +41 44 485 50 00
Fax: +41 44 485 50 11
E-mail: [email protected]
Internet: www.peachestates.com
ISIN: CH0118530366
Swiss Security Number: A1C8PJ
Listed: Freiverkehr in Berlin, Stuttgart; Open Market in
Frankfurt; SIX
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