Put companies on watchlist
Deutsche Konsum REIT-AG
ISIN: DE000A14KRD3
WKN: A14KRD
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

Deutsche Konsum REIT-AG · ISIN: DE000A14KRD3 · EQS - adhoc news (82 News)
Country: Germany · Primary market: Germany · EQS NID: 1869253
27 March 2024 09:30PM

Deutsche Konsum REIT-AG in advanced negotiations on the extension of the corporate bonds maturing in the short term


EQS-Ad-hoc: Deutsche Konsum REIT-AG / Key word(s): Bond
Deutsche Konsum REIT-AG in advanced negotiations on the extension of the corporate bonds maturing in the short term

27-March-2024 / 21:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Potsdam, 27 March 2024 – The Management Board of Deutsche Konsum REIT-AG ("DKR") (ISIN DE000A14KRD3) is in advanced negotiations with the bondholders regarding the extension of the respective maturities of (i) the unsecured DKR bond maturing on 5 April 2024 with an outstanding aggregate nominal value of EUR 70 million (ISIN DE000A2TR5A0; hereinafter referred to as "Bond 1"), and (ii) the maturity of 31 May 2024, secured by DKR with an outstanding total nominal value of EUR 35.9 million (ISIN DE000A2G8WQ9; hereinafter referred to as "Bond 2").

The Management Board currently assumes that the final agreements with the bondholders of Bond 1 and Bond 2 to extend the respective maturities are expected to be made by the end of April 2024. At present, this is still associated with uncertainties. In addition, the approval of the Supervisory Board must be obtained.

For this reason, the maturity date of Bond 1 of 5 April 2024 was initially postponed by one month to 3 May 2024 with the consent of the bondholders.

 

Contact:

Deutsche Konsum REIT-AG
Mr. Christian Hellmuth
CFO
Marlene-Dietrich-Allee 12b
14482 Potsdam
Tel. 0331 / 74 00 76 - 517
Fax: 0331 / 74 00 76 - 520
E-Mail: ch@deutsche-konsum.de


End of Inside Information

27-March-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Deutsche Konsum REIT-AG
Marlene-Dietrich-Allee 12b
14482 Potsdam
Germany
Phone: +49 (0)331 740076517
Fax: +49 (0)331 740076599
E-mail: ch@deutsche-konsum.de
Internet: www.deutsche-konsum.de
ISIN: DE000A14KRD3
WKN: A14KRD
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart, Tradegate Exchange; JSE Securities Exchange
EQS News ID: 1869253

 
End of Announcement EQS News Service

1869253  27-March-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1869253&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
Visual performance / price development - Deutsche Konsum REIT-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.