Put companies on watchlist
Coreo AG
ISIN: DE000A0B9VV6
WKN: A0B9VV
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Coreo AG · ISIN: DE000A0B9VV6 · EQS - adhoc news (47 News)
Country: Germany · Primary market: Germany · EQS NID: 1117063
13 August 2020 09:35AM

Coreo AG decides to issue a corporate bond of up to EUR 30 million


DGAP-Ad-hoc: Coreo AG / Key word(s): Bond
Coreo AG decides to issue a corporate bond of up to EUR 30 million

13-Aug-2020 / 09:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, OR JAPAN OR WITHIN OR INTO ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED. ADDITIONAL LIMITATIONS APPLY.

Coreo AG decides to issue a corporate bond of up to EUR 30 million

Frankfurt am Main - 13 August 2020 - Today, the Management Board of Coreo AG resolved to issue a new corporate bond ("6.75% bond 2020/2025", in the following referred to as "bond") of up to EUR 30 Million. The company futurum bank AG was commissioned to carry out the transaction.

The bond is to be offered for sale to interested investors in the Federal Republic of Germany, the Republic of Austria and the Grand Duchy of Luxembourg, subject to the approval of the prospectus by the Commission de Surveillance du Secteur Financier (Financial Sector Supervisory Commission = CSSF) in Luxembourg, within the framework of a public offering in the period from August 24, 2020 to September 8, 2020 (both inclusive). The bond (ISIN DE000A289D70 - WKN A289D7) shall have a term of 5 years and a coupon of 6.75% p.a., payable every six months.

It is the Company's intention to use the revenues from the bond in particular to finance the further growth of the Company.

It is planned to include the bond in trading on the Quotation Board in the Regulated Unofficial Market of the Frankfurt Stock Exchange.

End of ADHOC
 

About Coreo AG
Coreo AG, which has its registered office in Frankfurt am Main, is a dynamically growing real estate company with a focus on German commercial and residential properties. Investments are made in real estate with considerable potential for appreciation thru refurbishment and repositioning, preferred in A and B macro locations. The goal is to build up an efficiently managed, high-yielding real estate portfolio through prudent development and the sale of non-strategic properties.


Important notes
This release is intended for information purposes only and does not constitute any offer to buy, sell, exchange or transfer any securities, nor a solicitation of an offer to purchase any securities of Coreo AG in the United States of America or any other jurisdiction. The above mentioned securities of Coreo AG were not 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 except pursuant to an exemption from the registration requirements of the Securities Act. Neither the Company nor any other party to the aforementioned transaction is planning to register the securities referred to herein under the Securities Act or with any securities regulatory authority of any state or other jurisdiction in the United States of America in conjunction with this announcement. Under no circumstances may the securities be offered in any jurisdiction in circumstances which would require the preparation or registration of a prospectus or offering circular in conjunction with the securities in that jurisdiction.

Except for certain exemptions under the Securities Act, the securities described in this announcement may not be sold or offered for sale in Australia, Canada, or Japan, or to or for the account or benefit of persons resident or domiciled in Australia, Canada, or Japan.

This release comprises future-related statements that are subject to certain risks and uncertainties. Due to various risk factors and uncertainties, including changes in business, economic and competitive conditions, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing, future results could differ materially from those currently anticipated. The Company assumes no responsibility to update the future-related statements contained in this release.


Contact:
Coreo AG
Andrea Glaab
Investor Relations
Grüneburgweg 18
D-60322 Frankfurt a. M.
ir@coreo.de
T: +49 (0) 69-21 93 96-0

13-Aug-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Coreo AG
Grüneburgweg 18
60322 Frankfurt am Main
Germany
Phone: +49 69 2193 96-0
Fax: +49 69 2193 96-150
E-mail: ir@coreo.de
Internet: www.coreo.de
ISIN: DE000A0B9VV6
WKN: A0B9VV
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1117063

 
End of Announcement DGAP News Service

1117063  13-Aug-2020 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1117063&application_name=news&site_id=boersengefluester_html
Visual performance / price development - Coreo AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.