DGAP-News

Noratis AG: 5.50 % corporate bond tradable on the stock exchange from 11 November 2020 onwards - Seite 2

The anchor shareholder of Noratis AG is Merz Real Estate GmbH & Co. KG (Merz), which is part of the Merz Group. Merz has committed itself to invest equity funds up to a total amount of EUR 50 million in Noratis AG by the end of 2024, which will be available for the planned growth during the coming years.

As a portfolio developer, Noratis AG combines the advantages resulting from the portfolio property management of residential units in Germany, such as stable rental income, with the yield opportunities of real estate development, without incurring the typical risks of a project developer. Moreover, by focusing on affordable living space, Noratis AG operates in a market segment which is considered as hardly susceptible to economic cycles.

André Speth, CFO of Noratis AG: "Considering the current capital markets environment, we are satisfied with the placement of our bond. With the demand-driven inflow from the placement we can implement the next growth steps as planned. Moreover, we have further financing options available for the extension of our real estate portfolio."

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This publication constitutes neither an offer to sell nor a solicitation to buy or subscribe to securities in any jurisdiction. The offer period for the public offer has expired.

The information contained herein is not for distribution, directly or indirectly, in or into the United States of America (including its territories and possessions of any State of the United States of America or the District of Columbia) or publications with a general circulation in the United States of America. This publication constitutes neither an offer to sell nor a solicitation to buy or subscribe to securities in the United States of America. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States of America absent registration or an exemption from registration under the Securities Act. The issuer does not intend to register any portion of the offering of the notes in the United States of America or to conduct a public offering of the notes in the United States of America.