DGAP-News: Swiss Merchant Group AG
/ Key word(s): Issue of Debt/Bond
Swiss Merchant Group AG Corporate News 07.12.2020 - DESIAG Deutsche Supermarkt Immobilien AG - DE0003H2ZP5 Swiss Merchant Group AG, ISIN DE000A3H2ZP5, announces a bond investment in the German real estate company DESIAG Deutsche Supermarkt Immobilien AG "DESIAG". Swiss Merchant Group AG has secured EUR 125 million unsecured bonds ISIN DE000A3H2ZP5, issued by DESIAG. The bonds have a tenor of 3 years with an annual coupon of 7.25%. The investment in the bonds of DESIAG are linked to certain terms and conditions. DESIAG Deutsche Supermarkt Immobilien AG is a German corporation and holds a pipeline of real estate portfolio consisting of grocery- and supermarket investment properties. The company is focused on building an attractive portfolio of grocery-retail in small and mid-size cities in Germany. An active buy-and-hold operator, the company achieves a steady value growth with positive cash-flow. With a full pipeline, DESIAG mid-term goal is to build a portfolio of up to 500 Million Euro. The management of DESIAG holds more than 30-year successful track record in acquisition, development, management and sales of German real estate. Axel Kruger, president of the board of Swiss Merchant Group AG comments: "We are delighted to participate in the asset-based investment in DESIAG Deutsche Supermarkt Immobilien AG and look forward to assisting in the growth of DESIAG's sustainable property portfolio of German real estate." Swiss Merchant Group AG is a Swiss Debt & Equity Investor, focusing on asset based real estate and corporate investments. Swiss Merchant Group AG Disclaimer Safe Harbor Statement No action has been taken that would permit an offering of the securities or possession or distribution of this announcement in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions. If any statements in this document contain forward-looking statements, such statements do not represent facts and are characterized by the words 'will', 'expect', 'believe', 'estimate', 'intend', 'aim', 'assume' or similar expressions. Such statements express the intentions, opinions or current expectations and assumptions of Swiss Merchant Group AG and the persons acting together with Swiss Merchant Group AG. Such forward-looking statements are based on current plans, estimates and forecasts which Swiss Merchant Group AG and the persons acting together with Swiss Merchant Group AG have made to the best of their knowledge, but which do not claim to be correct in the future. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and usually cannot be influenced by Swiss Merchant Group AG or the persons acting together with Swiss Merchant Group AG. It should be kept in mind that the actual events or consequences may differ materially from those contained in or expressed by such forward-looking statements. The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. The information in this announcement is subject to change. End of ad hoc announcement
Additional features: File: Corporate News Ad_SMG_DESIAG_ENG_IS_201207.pdf
07.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Swiss Merchant Group AG |
Bahnhofplatz | |
6300 Zug | |
Switzerland | |
Phone: | +41 41 511 37 00 |
E-mail: | info@swissmerchantgroup.com |
Internet: | www.swissmerchantgroup.com |
ISIN: | CH0323874260 |
WKN: | A1817G |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt |
EQS News ID: | 1153225 |
End of News | DGAP News Service |
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1153225 07.12.2020
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