Cardea Europe AG
Cardea Europe AG intends to increase the volume of its 2020/2023 corporate bond to up to EUR 250 million
DGAP-News: Cardea Europe AG
/ Key word(s): Bond
PRESS RELEASE Cardea Europe AG intends to increase the volume of its 2020/2023 corporate bond to up to EUR 250 million 27. July 2022 – Frankfurt. Cardea Europe AG (“Cardea”) intends to increase the total volume of its 7.25% corporate bond (ISIN DE000A3H2ZP5) from a nominal EUR 125 million to up to EUR 250 million. For this purpose, a consortium of financial institutions has been mandated to contact qualified institutional investors within the framework of a private placement. This is expected to be completed within the next 2 weeks. The company intends to use the net proceeds from the transaction for the further acquisition of independent asset managers in Continental Europe with a focus on the DACH region, as well as the UK and the USA. The aim is to further increase the assets under management and to leverage potential synergies. The 7.25% corporate bond of Cardea is traded on the Open Market of the Frankfurt Stock Exchange and has a term expiring in 2023. It comes with a comprehensive guarantee from the parent company, Cardea Group, for all payment obligations (full repayment and regular interest payments). About Cardea Press contact Disclaimer Safe Harbor Statement.
27.07.2022 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Cardea Europe AG |
Lurgiallee 14 | |
60439 Frankfurt am Main | |
Germany | |
Phone: | 069 – 870 08 79 296 |
E-mail: | investor-relations@cardea-europe.de |
Internet: | www.cardea-europe.de |
ISIN: | DE000A3H2ZP5 |
WKN: | A3H2ZP |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1406777 |
Notierung vorgesehen. / Designated to be listed. |
End of News | DGAP News Service |