DGAP-News PREOS Real Estate AG: further increase of its 7.50 % convertible bond
DGAP-News: PREOS Real Estate AG / Key word(s): Bond
PREOS Real Estate AG: further increase of its 7.50 % convertible bond
Leipzig, 22.10.2020 - PREOS Real Estate AG (in future: PREOS Global Office Real Estate & Technology AG, "PREOS", ISIN DE000A2LQ850) has placed a further tranche of its 7.50% convertible bond (2019/2024, ISIN DE000A254NA6). publity AG, which holds an 86 % stake in PREOS, has subscribed for further bonds of the convertible bond with a nominal value of EUR 30.0 million.
The previously issued volume of the PREOS convertible bond thus increases to a nominal EUR 249.4 million. Overall, the convertible bond has a maximum volume of EUR 300 million.
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About PREOS Real Estate AG
PREOS Real Estate AG (in future: PREOS Global Office Real Estate & Technology AG "PREOS") is an active real estate investor focusing on office properties. PREOS acts as an efficiently positioned management holding company. The focus of its purchasing activities is on office properties with development potential in German metropolitan regions. Added value is generated through targeted asset management measures. Developed portfolio properties are sold when appropriate sales opportunities arise. The corporate strategy is to significantly expand the real estate portfolio through acquisitions in the coming years. The PREOS share (ISIN DE000A2LQ850) is listed in the m:access open market segment of the Munich Stock Exchange (PAG.MU) and on Xetra (PAG.DE). PREOS is based in Leipzig.
22.10.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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|Company:||PREOS Real Estate AG|
|Listed:||Regulated Unofficial Market in Frankfurt, Munich|
|EQS News ID:||1142514|
|End of News||DGAP News Service|