GECCI Investment KG
GECCI Investment KG: Interest on the GECCI 2020/25 bond will be paid within the healing period
Bockenem, August 02, 2022 – The GECCI Group informs that the
Interest originally due on August 1 for bond 2020/25 (ISIN DE000 A3E46C 5), Maturity five years, coupon 5.75%, delayed, but within the so-called healing period of 30 days. The reason for the delay is technical problems in connection with the Optimization of cash flows. The group expressly states that could pay the interest due at any time and also on time, albeit will do late. The business model of GECCI is heavily dependent on pre-financing, i.e. for the sale of the Single-family houses via GECCI Rent and Buy (mietübereignung.de) go into GECCI Advance payment for the various building materials as well as for all other construction Services. The preliminary work for the multi-house project in Bockenem-Bültum already done, meanwhile the completion stands at a distance of one to two months one of the single-family houses. Further information at www.gecci.net and www.gecci-investment.de End of Media Release Issuer: GECCI Investment KG Key word(s): Finance
02.08.2022 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | GECCI Investment KG |
Marktstr. 23 | |
31188 Holle | |
Germany | |
Phone: | +49 (0)5062 898 9100 |
Fax: | +49 (0)5062 898 9109 |
E-mail: | kontakt@gecci-investment.de |
Internet: | www.gecci-investment.de |
ISIN: | DE000A3E46C5, DE000A289QS7 |
WKN: | A3E46C, A289QS |
Listed: | Regulated Unofficial Market in Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart |
EQS News ID: | 1411267 |
End of News | DGAP Media |
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