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    DGAP-News  661  0 Kommentare DIC Asset AG Places 125 Million EUR Bond within Hours


    DGAP-News: DIC Asset AG / Key word(s): Issue of Debt
    DIC Asset AG Places 125 Million EUR Bond within Hours

    02.09.2014 / 16:44

    ---------------------------------------------------------------------

    Frankfurt, 02 September 2014

    DIC Asset AG Places 125 Million EUR Bond within Hours

    - Coupon of 4.625 per cent
    - Order book closed early

    The SDAX-listed real estate company DIC Asset AG (WKN A1X3XX / ISIN
    DE000A1X3XX4) prematurely ended the placement of its third corporate bond
    (WKN A12T64 / ISIN DE000A12T648) after just 5 hours of its announcement due
    to strong demand especially among institutional investors.

    The corporate bond will have a volume of EUR 125 million on the basis of
    subscriptions; target volume was at least EUR 100 million. The bond has
    been priced at the lower end of the price range at 4.625 per cent, and has
    a maturity of five years.

    Ulrich Höller, CEO of DIC Asset AG: "We take the keen demand for our third
    bond as a sign for the great and sustained confidence that professional
    investors have in our business model."

    The net proceeds of this transaction will be used to repay existing debt.
    In particular it is the intention of DIC Asset AG to repay its first bond
    (ISIN DE000A1KQ1N3, EUR 100,000,000 with a coupon of 5.875 per cent)
    prematurely by exercising the call option on 16 October 2014. The new issue
    and the planned advance repayment of the first corporate bond will bolster
    the Company's existing funding structure, and will help to optimise its
    terms of financing.

    The bond shall be admitted for listing on the Open Market (Freiverkehr) of
    the Frankfurt Stock Exchange and to be admitted for trading on the Prime
    Standard for Corporate Bonds (Prime Standard für Unternehmensanleihen) on
    08 September 2014.

    The transaction was carried out by Bankhaus Lampe KG and Citigroup Global
    Markets Limited as joint lead managers.

    Disclaimer

    This document is intended solely for information purposes, and constitutes
    neither an offer of securities for sale nor a solicitation of an offer to
    purchase or subscribe securities.

    The public offering of the notes was carried out exclusively through and on
    the basis of the prospectus as published on the website of the issuer. Only
    the prospectus contains the legally mandated information for investors, and
    represents the exclusive basis of information for the acquisition of the
    notes in the context of the public offering.

    This document constitutes neither an offer of securities for sale nor a
    solicitation to submit an offer for the purchase of securities in the
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    DGAP-News DIC Asset AG Places 125 Million EUR Bond within Hours DGAP-News: DIC Asset AG / Key word(s): Issue of Debt DIC Asset AG Places 125 Million EUR Bond within Hours 02.09.2014 / 16:44 --------------------------------------------------------------------- Frankfurt, 02 September 2014 DIC Asset AG Places 125 …

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