A4Y Accentro Real Estate AG

EQS-News: 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).

 

Contact for investor relations and press:

Thomas Eisenlohr
ACCENTRO Real Estate AG
Kantstraße 44/45
10625 Berlin
E-mail:
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 -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:
Internet:
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=research_pool~~~9efe1c65-8ece-4ff7-9608-f21c8e0a38a3
EN
06/09/2024

Underlying

A4YAccentro Real Estate AG

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Accentro Real Estate AG

 PRESS RELEASE
Free
A4Y Accentro Real E...

EQS-News: First tranche of a secured bond successfully issued as part ...

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 ...

September 6, 2024 1 EN
 PRESS RELEASE
Free
A4Y Accentro Real E...

EQS-News: Erste Tranche einer besicherten Anleihe als Teil der Zwische...

EQS-News: Accentro Real Estate AG / Schlagwort(e): Finanzierung/Immobilien Erste Tranche einer besicherten Anleihe als Teil der Zwischenfinanzierung erfolgreich begeben 06.09.2024 / 16:43 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Erste Tranche einer besicherten Anleihe als Teil der Zwischenfinanzierung erfolgreich begeben Berlin, 6. September 2024 – In Umsetzung der Mitteilung von Mitte August 2024 ist es ACCENTRO gelungen, sich von einem Teil seiner Anleihegläubiger (die „finanzierenden Anleihegläubiger“) über die Ausgabe eine...

September 6, 2024 1 DE
 PRESS RELEASE
Free
A4Y Accentro Real E...

EQS-News: ACCENTRO Real Estate AG: Background to the notification of t...

EQS-News: Accentro Real Estate AG / Key word(s): Statement/Real Estate ACCENTRO Real Estate AG: Background to the notification of the orders for audit by BaFin 08.07.2024 / 11:06 CET/CEST The issuer is solely responsible for the content of this announcement. ACCENTRO Real Estate AG: Background to the notification of the orders for audit by BaFin Berlin, 8 July 2024 – Germany’s Federal Financial Supervisory Authority (“BaFin”) announced in decisions dated 13 and 25 June 2024 that it had ordered an examination for cause pursuant to section 107, paragraph 1, sentence 1, Ge...

July 8, 2024 1 EN
 PRESS RELEASE
Free
A4Y Accentro Real E...

EQS-News: ACCENTRO Real Estate AG: Hintergrund zur Bekanntmachung der ...

EQS-News: Accentro Real Estate AG / Schlagwort(e): Stellungnahme/Immobilien ACCENTRO Real Estate AG: Hintergrund zur Bekanntmachung der Prüfungsanordnungen der BaFin 08.07.2024 / 11:06 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. ACCENTRO Real Estate AG: Hintergrund zur Bekanntmachung der Prüfungsanordnungen der BaFin Berlin, 8. Juli 2024 – Die Bundesanstalt für Finanzdienstleistungsaufsicht („BaFin“) hat mit Bescheiden vom 13. und 25. Juni 2024 die jeweilige Anordnung einer Anlassprüfung gemäß § 107 Absatz 1 Satz 1 Wertpapierhan...

July 8, 2024 1 DE
 PRESS RELEASE
Free
A4Y Accentro Real E...

EQS-News: Änderungen der Bedingungen der Anleihe 2020/2026 mit deutlic...

EQS-News: Accentro Real Estate AG / Schlagwort(e): Finanzierung/Immobilien Änderungen der Bedingungen der Anleihe 2020/2026 mit deutlicher Zustimmung der Investoren erfolgreich abgeschlossen 24.01.2024 / 16:11 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Änderungen der Bedingungen der Anleihe 2020/2026 mit deutlicher Zustimmung der Investoren erfolgreich abgeschlossen Berlin, 24. Januar 2024 – Die ACCENTRO Real Estate AG ("ACCENTRO", "Gesellschaft"), ein Investor in Wohnimmobilien und Deutschlands führendes Wohnungsprivatisierungs...

January 24, 2024 1 DE

ResearchPool Subscriptions

Get the most out of your insights

Get in touch