Subscription Launch Of GEWA 5 To 1 GmbH & Co. KG Project Bond On Frankfurt Stock Exchange

GEWA 5 to 1 GmbH & Co. KG, a project company in the GEWA Group, is issuing a project bond in the Entry Standard of the Frankfurt Stock Exchange. The bond with the ISIN DE000A1YC7Y7 can be subscribed from today until 21 March, subject to early termination of subscription. It has an issue volume of up to €35 million, runs until March 2018 and has a coupon rate of 6.5 percent. Its nominal denomination is €1,000. If less than €30 million are placed during the subscription period, the bond will not materialize.

Trading is planned to commence on 24 March 2014. Applicant and specialist is equinet Bank AG.

The GEWA Group describes itself as a solution provider for special-purpose and niche properties. In addition to property management, the group has also been developing new properties since 2000, which are rented by Daimler AG, the Stuttgart students' union, the Plus and Rewe supermarket chains, APCOA and other companies. The funds from the project bond are to be used for construction of the GEWA Tower, which according to GEWA will be the third-tallest residential building in Germany.