DGAP-News 463 0 Kommentare VIB Vermögen places bonded loan in the amount of EUR 70 million

DGAP-News: VIB Vermögen AG / Key word(s): Miscellaneous
VIB Vermögen places bonded loan in the amount of EUR 70 million

27.09.2016 / 07:27
The issuer is solely responsible for the content of this announcement.

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Corporate news

VIB Vermögen places bonded loan in the amount of EUR 70 million

- Issue proceeds will finance further growth and projects

- Average interest rate for the total volume at an attractive 1.17 per
cent

Neuburg/Danube, September 27, 2016 - VIB Vermögen AG, a company
specialising in the development, acquisition and portfolio management of
commercial properties, has placed a bonded loan in the amount of EUR 70
million. Due to high demand, the issue was considerably oversubscribed,
which is why the original issue volume of EUR 60 million was increased to
EUR 70 million. The proceeds will be used to finance both new projects and
those that have already been initiated.

The bonded loan was offered in conjunction with BayernLB and Kreissparkasse Biberachberach in two fixed-term tranches. The first tranche is worth EUR 57
million, has a term of 10 years and is subject to an interest rate of 1.28
per cent. The second tranche is worth EUR 13 million, has a term of 7 years
and is subject to an interest rate of 0.7 per cent. By issuing the bonded
loan, VIB Vermögen is optimising its financing mix on the debt side.

"Sustainable financing is part of the success of our company. Alongside
traditional borrowing in the form of annuity loans, the flexible bonded
loans constitute a further element of a balanced financing mix at VIB. The
extremely attractive weighted average interest rate of just 1.17 per cent
will have a positive impact on the overall average borrowing rate,"
explains Holger Pilgenröther, CFO of VIB Vermögen AG.

Contact

Investor Relations:

VIB Vermögen AG
Petra Riechert Tel. +49 (0)8431 504 952
Luitpoldstr. C70 Fax: +49 (0)8431 504 973
86633 Neuburg/Donau Email: petra.riechert@vib-ag.de

About VIB Vermögen AG

VIB Vermögen AG is a medium-sized company specialising in commercial real
estate management that has been operating successfully for more than 20
years. The company focuses on properties from the logistics/light industry
sectors in the economically strong southern German region. VIB's shares
have been listed on the Munich (m:access) and Frankfurt (Open Market) stock
exchanges since 2005.

VIB's business model is based on a "develop-or-buy-and-hold" strategy:
Firstly, VIB acquires properties that are already rented. Secondly, it
completely develops new properties in order to transfer them to its own
portfolio on a long-term basis and generate rental income from them. VIB
also holds investments in companies with real estate assets.

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27.09.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Archive at www.dgap.de

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Language: English
Company: VIB Vermögen AG
Luitpoldstraße C 70
86633 Neuburg/Donau
Germany
Phone: +49 (0)8431 / 504-952
Fax: +49 (0)8431 / 504-973
E-mail: petra.riechert@vib-ag.de
Internet: www.vib-ag.de
ISIN: DE0002457512
WKN: 245751
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange;
Open Market in Frankfurt

End of News DGAP News Service
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505761 27.09.2016