Eyemaxx Real Estate AG

  • WKN: A0V9L9
  • ISIN: DE000A0V9L94
  • Land: Deutschland

Nachricht vom 28.08.2019 | 11:39

Eyemaxx Real Estate AG : Approval of the securities prospectus for the 2019/2024 corporate bond

DGAP-News: Eyemaxx Real Estate AG / Key word(s): Issue of Debt/Miscellaneous

28.08.2019 / 11:39
The issuer is solely responsible for the content of this announcement.


Eyemaxx: Approval of the securities prospectus for the 2019/2024 corporate bond

- Issuing volume of up to EUR 50 million, interest rate of 5.5 percent p.a.

- Public offering in Germany, Austria and Luxembourg from 5 to 19 September 2019

- Exchange period for the 2014/2020 bond from 30 August 2019 to 13 September 2019

- Funds to be used primarily for the refinancing of capital market liabilities falling due

Aschaffenburg, 28 August 2019 - Eyemaxx Real Estate AG (General Standard; ISIN: DE000A0V9L94; "Eyemaxx") has received today the approval of the securities prospectus for the issuing of a corporate bond with a volume of up to EUR 50 million, a five-year term and an interest rate of 5.5 percent p.a. from the Luxembourg Financial Supervisory Authority CSSF (Commission de Surveillance du Secteur Financier). The public offering in Germany, Austria and Luxembourg starts on 5 September 2019 and will probably end on 19 September 2019 (12:00 noon CEST). The period for the exchange of 2014/2020 notes (ISIN: DE000A12T374) into 2019/2024 notes (ISIN DE000A2YPEZ1) starts on 30 August 2019 and will end on 13 September 2019 (6pm CEST). The subscription is possible during the public offering through the subscription functionality of Deutsche Börse, the Xetra subscription tool "DirectPlace".

In addition to the public offering and the exchange offer, the notes are to be offered within the framework of a private placement to qualified investors as well as additional investors in accordance with the respectively applicable exemptions for private placements in Germany, Austria and Luxembourg as well as in certain additional states (with the exception of the USA, Canada, Australia and Japan). The private placement is carried out by Bankhaus Lampe KG as Sole Global Coordinator and Sole Bookrunner.

The 2019/2024 notes are to be included in the Quotation Board, a trading segment of the Open Market of the Frankfurt Stock Exchange. The listing is to commence on 24 September 2019.

Dr. Michael Müller, CEO of Eyemaxx: "We want to use the funds from the new bond primarily for the refinancing of capital market liabilities falling due, the financing of subordinate shareholder loans for a prompt implementation of our well-stocked project pipeline with a volume of around EUR 855 million, the start of our new real estate developments as well as the modernisation and acquisition of existing properties as a second pillar. We envisage both the modernisation of properties in our portfolio and the acquisition of new existing properties to further balance our business model. With the new bond we support our further corporate growth and have already now a very good basis with our many years of experience, the strong network and the focus on residential and commercial properties in Germany and Austria."

The 2019/2024 bond has a term from 24 September 2019 to 23 September 2024 included, with repayment of 100 percent of the nominal amount of EUR 1,000 per note on 24 September 2024. Interest is paid on an annual basis on 24 September and for the first time in 2020.

The 2019/2024 notes constitute direct, unconditional and unsubordinated liabilities (pari passu). Furthermore, a negative pledge and a limitation of the distribution of profits have been laid down: The equity determined on the basis of the IFRS consolidated financial statements may not fall below EUR 40.0 million and the equity ratio must amount to at least 25 percent. If these obligations are not met, the interest rate is increased on a non-recurring basis by 0.50 percent and applies until the defined levels of the equity and equity ratio have been reached again.

The offering is dependent on the approved securities prospectus. The latter is available on the website www.eyemaxx.com and can be obtained free of charge at the registered office of the company during regular business hours.

About Eyemaxx Real Estate AG

Eyemaxx Real Estate AG is a real estate company with a long-standing successful track record, focussing on residential properties in Germany and Austria. In addition, Eyemaxx also realises commercial properties in central Europe. In the company's recent past its corporate strategy has also included hotels and serviced apartments as well as developing urban districts in Germany.

Eyemaxx' business activities take a dual-pronged approach. These include high-margin projects and also the continued expansion of its stocks of let commercial properties, which generate ongoing rental income and thus constant cash flows. In so doing, Eyemaxx uses the expertise offered by its experienced management team together with a strong team of real estate professionals, and also a well-established and broad network which opens up additional access to attractive properties and projects. As a result, the current project pipeline has been grown to total of around 855 million euros.

Shares of Eyemaxx Real Estate AG are listed in the General Standard of Frankfurt Stock Exchange and in the direct market plus on Vienna Stock Exchange. The company has also issued several bonds, which are also listed on the stock exchange.

You can find more information at www.eyemaxx.com


Investor Relations/Financial Press
Axel Mühlhaus, Peggy Kropmanns
edicto GmbH
Tel.: +49 69 905505-52
E-mail: eyemaxx@edicto.de

This release is a mandatory notification pursuant to Article 17 of the Market Abuse Regulation (MAR). It is neither a financial analysis nor advice or recommendation relating to financial instruments, nor an offer, solicitation or invitation to buy or sell securities of Eyemaxx Real Estate AG and is not intended for publication or distribution in or within the United States of America, Australia, Canada, Japan or any other country in which such publication or distribution would be unlawful. The bond offer by Eyemaxx Real Estate AG is made exclusively through and on the basis of the prospectus approved by the competent supervisory authority, including any supplements. The prospectus, including any supplements, may be is available for inspection in electronic form on the company's website (www.eyemaxx.com). In connection with an offer, only the information in the prospectus is binding.

This communication is addressed exclusively to persons who are lawfully entitled to receive this information. Specifically, it is not addressed to U.S. citizens or persons resident in the United States of America (USA), Australia, Canada or Japan. This communication is not for distribution to, or publication in, the United States, and may not be distributed to, or brought into, or published in, any jurisdiction where such distribution or publication would be unlawful.

28.08.2019 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

show this

Interview im Fokus

„Im europäischen Spitzenfeld der Private-Equity-Liga“

Die Münchner Private-Equity-Gesellschaft Mutares (ISIN: DE000A2NB650) ist mit bereits fünf Akquisitionen in 2020 erneut mit einem hohen Wachstumstempo unterwegs. Im Exklusivinterview mit Financial.de verraten die Vorstände Robin Laik (CEO) und Johannes Laumann (CIO), wie man sich bei den jüngsten Deals gegen die Konkurrenz durchgesetzt hat, wie man einen Return auf das eingesetzte Kapital von 7 bis 10 erreichen will und warum sich Mutares-Aktionäre auch für 2020 auf eine attraktive Dividende freuen dürfen.

Event im Fokus

Fachkonferenz Beteiligungsgesellschaften, 15.07.2020

Fachkonferenz Consumer / Leisure, 16.07.2020

Die Konferenzen finden aufgrund der aktuellen Situation nicht in den Räumen der Börse München statt, sondern als Online-Konferenz.


Anleihe der German Real Estate Capital S.A. stark überdurchschnittlich attraktiv

Die Anleihe der German Real Estate Capital S.A. weist aktuell eine Effektivverzinsung von ca. 14 % auf. Da es sich hier quasi um eine Immobilien-Anleihe handelt, ist das Anleiherisiko überschaubar. Insgesamt verfügt die German Real Estate-Gruppe über 6 Objekte, 24 Bestands- und 22 Handelsobjekte, womit eine Kombination aus stetigen Einnahmen und attraktiven Entwicklerrenditen erreicht wird. Wir stufen die Anleihe als stark überdurchschnittlich attraktiv ein.

News im Fokus

HeidelbergCement AG: Vorläufiges Ergebnis von HeidelbergCement im zweiten Quartal 2020 über Markterwartungen

14. Juli 2020, 16:38

Aktuelle Research-Studie

Original-Research: German Real Estate Capital S.A. (von GBC AG): Management Interview German Real Estate Capital S.A.

14. Juli 2020