Put companies on watchlist
Accentro Real Estate AG
ISIN: DE000A0KFKB3
WKN: A0KFKB
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

Accentro Real Estate AG · ISIN: DE000A0KFKB3 · EQS - Company News (93 News)
Country: Germany · Primary market: Germany · EQS NID: 1983611
06 September 2024 04:43PM

First tranche of a secured bond successfully issued as part of the interim funding


EQS-News: Accentro Real Estate AG / Key word(s): Financing/Real Estate
First tranche of a secured bond successfully issued as part of the interim funding

06.09.2024 / 16:43 CET/CEST
The issuer is solely responsible for the content of this announcement.


First tranche of a secured bond successfully issued as part of the interim funding

Berlin, 6 September 2024 – In implementing the announcement of mid-August 2024, ACCENTRO succeeded in securing further funding from some of its bondholders (the “financing bondholders”) by issuing a secured bond from a subsidiary. Following the conclusion of constructive negotiations, the financing bondholders have now taken over the first tranche of EUR 9.8 million of the secured bond issued by ACCENTRO 2. Wohneigentum GmbH, a wholly owned subsidiary of ACCENTRO. ACCENTRO will use the funds from the first tranche in particular to make the interest payment on the 2020/2026 bond from August 2024. The payment is currently scheduled for 10 September 2024.

In addition, ACCENTRO is currently in advanced, constructive negotiations with the financing bondholders for the subscription of two further tranches totalling EUR 9.4 million. ACCENTRO expects the corresponding credit commitments to be signed in the next few days. These are subject to conditions precedent, which ACCENTRO is currently working on fulfilling. At the same time, negotiations with the bondholders on a comprehensive restructuring are continuing.
 

About ACCENTRO Real Estate AG

ACCENTRO Real Estate AG is a residential investor and market leader in residential privatisation in Germany. As of 30 September 2023, the property portfolio comprised 5,731 units with an area of around 334,000 square metres. The book value of the entire portfolio totalled around EUR 590 million. In addition to Berlin, the regional focus includes major central German cities and conurbations as well as the Rhine-Ruhr metropolitan region. ACCENTRO's business activities comprise three core areas. These include the tenant-oriented sale of flats to private owner-occupiers and investors, the sale of property portfolios to institutional investors, the management of its own property portfolio and services for third parties. The shares of ACCENTRO Real Estate AG are listed in the Prime Standard segment of the Frankfurt Stock Exchange (WKN: A0KFKB, ISIN: DE000A0KFKB3). www.accentro.de

 

Contact for investor relations and press:

Thomas Eisenlohr
ACCENTRO Real Estate AG
Kantstraße 44/45
10625 Berlin
E-mail: eisenlohr@accentro.de
Phone +49 (0)30 88 71 81 272



06.09.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Accentro Real Estate AG
Kantstr. 44/45
10625 Berlin
Germany
Phone: +49 (0)30 - 887 181 - 0
Fax: +49 (0)30 - 887 181 - 11
E-mail: info@accentro.ag
Internet: www.accentro.ag
ISIN: DE000A0KFKB3
WKN: A0KFKB
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1983611

 
End of News EQS News Service

1983611  06.09.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1983611&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
Visual performance / price development - Accentro Real Estate 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.