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DIC Asset AG / Key word(s): Issue of Debt 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 United States of America, nor is it part of such an offer or such a solicitation. The securities have not been and will not be registered pursuant to the provisions of the United States Securities Act, and may not be sold or offered for sale in the United States of America except after prior registration pursuant to the provisions of the US Securities Act as amended or else on the basis of an exemption from the registration requirement. The information provided in this publication must not be forwarded to or within the United States of America, Canada, Japan or Australia. Unless expressly stated otherwise, all of the information, data, assumptions and forward looking statements contained in this document refer to information, data and forecasts that were available to the company at the time of publication. In accordance with applicable laws, DIC Asset AG assumes no obligation to, and will not, update this document in any form whatsoever. For details on DIC Asset AG, please visit us at www.dic-asset.de. About DIC Asset AG: Established in 2002, DIC Asset AG, with registered offices in Frankfurt am Main, is a real estate company with a dedicated investment focus on commercial real estate in Germany, pursuing a return-oriented investment policy. The company has a total of around 250 real property assets worth approximately EUR 3.4 billion under management. The investment strategy of DIC Asset AG aims at the continuous development of a quality-driven, high-yield, and regionally diversified portfolio. The portfolio is divided into two segments: the Commercial Portfolio (EUR 2.2 billion) comprises existing properties with long-term rental contracts generating attractive rental yields. The “Co-Investment” segment (EUR 0.2 billion pro rata) pools fund investments, joint venture investments, and investments in project developments. Own real estate management teams provide a direct service to tenants through six branch offices located at the regional hubs within the portfolio. This kind of market presence and expertise creates the basis for preserving and enhancing our earnings and real estate values. DIC Asset AG has been included in the SDAX(R) segment of the Frankfurt Stock Exchange since June 2006. The Company’s shares are also included in the EPRA index, which tracks the performance of the most important European real estate companies.
Press contact: Thomas Pfaff Kommunikation Investor relations Peer Schlinkmann Facts & Figures Type of security: bearer notes ISIN: DE000A12T648 WKN: (securities no.) A12T64 Listing: admission for Prime Standard for corporate bonds planned, Frankfurt Issuance volume: EUR 125 million Denomination (par value): EUR 1,000 per note Interest rate: 4.625 per cent per annum Issue date: 08 September 2014 expected Maturity: 5 years Advance repayment: not possible 02.09.2014 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English | |
| Company: | DIC Asset AG | |
| Neue Mainzer Straße 20 * MainTor | ||
| 60311 Frankfurt | ||
| Germany | ||
| Phone: | +49 69 9454858-1240 | |
| Fax: | +49 69 9454858-9399 | |
| E-mail: | ir@dic-asset.de | |
| Internet: | www.dic-asset.de | |
| ISIN: | DE000A1X3XX4, DE000A1KQ1N3, DE000A1TNJ22 | |
| WKN: | A1X3XX, A1KQ1N, A1TNJ2 | |
| Indices: | S-DAX | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart | |
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