Adler Group S.A.: Confirmation of Repayment of Adler Real Estate Bond in April 2022
March 16, 2022 at 06:02 am
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DGAP-News: Adler Group S.A.
/ Key word(s): Bond
Adler Group S.A.: Confirmation of Repayment of Adler Real Estate Bond in April 2022
16.03.2022 / 07:00
The issuer is solely responsible for the content of this announcement.
Confirmation of Repayment of Adler Real Estate Bond in April 2022
Outstanding amount of 400 million EUR due on 17 April 2022
ISIN: XS1843441491
Berlin, 16 March 2022 - ADLER Group S.A. ("ADLER"), after being approached by investors and to avoid asymmetric information in the market, confirms again that its subsidiary Adler Real Estate AG will repay its bond (ISIN XS1843441491) with the full amount of 400 million EUR on time at maturity on 17 April 2022.
Contact
Investor Relations:
T +352 278 456 710
E investorrelations@Adler-group.com
16.03.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
Adler Group S.A.
1B Heienhaff
1736 Senningerberg
Luxemburg
Phone:
+352 278 456 710
Fax:
+352 203 015 00
E-mail:
investorrelations@adler-group.com
Internet:
www.adler-group.com
ISIN:
LU1250154413
WKN:
A14U78
Indices:
SDAX, FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany Index
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX
Adler Group SA, formerly known as ADO Properties, is a Luxembourg-based real estate company. The Company operates in Germany, in the residential real estate field with approximately 70,000 residential units, and a development pipeline of approximately 10,000 new flats in Germany. The Company focuses on asset and portfolio management, property and facility management and developing residential properties throughout Germany. The Company operates through two business segments: Residential property management and development. Residential property management offers renting and managing residential properties, the management of tenancy agreements and marketing of residential units with the focus on optimization of rental income. The development side of the business splits into build-to-sell projects and build-to-hold projects.