Premia Properties announces that the Board of Directors has decided to issue a joint bond loan, amounting to € 100,000,000, with a minimum amount of € 75,000,000, with a duration of five years.
The purpose of this issue is the repayment of existing borrowing, the financing of real estate investments and the coverage of financial needs of the Company group in working capital.
Further information on the Company, the terms of the Bond Loan and the Public Offering will be included in the Bond Loan Program and in the Prospectus drawn up under Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, of the Authorization of Regulations (EU) 2019/979 and 2019/980
of the Commission of 14 March 2019, as well as of Law 4706/2020, as in force, for the approval of which by the Hellenic Capital Market Commission and its disposal, the investing public will be informed with a new announcement.
The schedule of the issuance of the Bond Loan and the Public Offering of the Bonds will be formed in the near future, depending on the conditions prevailing in the stock markets.
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Source From: Capital
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