ESPG AG reviews options for refinancing the corporate bond 2018/2023 and mandates Quirin Privatbank AG
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EQS-News: ESPG AG
/ Key word(s): Bond/Real Estate
ESPG AG reviews options for refinancing the corporate bond 2018/2023 and mandates Quirin Privatbank AG Dr. Ralf Nöcker, Member of the Board of Management of ESPG AG, comments: "We have achieved a lot in the past twelve months: After the entry of the new major investor Alvarium Tiedeman (AlTi), we have acquired Campteq Innovation Campus near Darmstadt, an attractive life science property, we have signed new rental agreements for an area of around 8,450 m2, reduced our debt leverage ratio by repaying liabilities, and are planning further repayments in the short term. In addition, we have sharpened ESPG's profile as a leading science park investor and gained new employees. Due to the current market situation with rising interest rates and the challenging capital markets, we are seeking early contacts with our bond investors in order to refinance the bond with an attractive offer in the best possible way.”
24.04.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | ESPG AG |
| Kleingedankstraße 11a | |
| 50677 Köln | |
| Germany | |
| Phone: | +49 (0)22180149800 |
| Internet: | https://espg.space |
| ISIN: | DE000A2NBY22 |
| WKN: | A2NBY2 |
| Listed: | Regulated Unofficial Market in Frankfurt |
| EQS News ID: | 1612123 |
| End of News | EQS News Service |
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1612123 24.04.2023 CET/CEST
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