Peach Property Group (Deutschland) AG is issuing a corporate bond (ISIN DE000A14KGV8) in the Entry Standard on the Frankfurt Stock Exchange. The bond can be subscribed from today until 5 November 2015, subject to early termination of the subscription. It has an issue volume of up to €50 million. The corporate bond runs for five years, the coupon rate will be announced after the subscription period. Its nominal denomination is €1,000.
Trading is planned to commence on 11 November 2015. Lead manager of the trans-action is Bankhaus Lampe, equinet AG acts as the specialist.
Peach Property (Deutschland) AG is a 100 percent affiliate of Peach Property Group AG. According to company sources, Peach Property Group is a leading property investor and developer of residential and commercial properties. Its core markets are Switzerland and Germany. The portfolio contains high-yielding investment properties within commuting distance of major population centres. The Group also develops property both for its own portfolio and for resale as condominiums. Peach Property Group AG is headquartered in Zurich and also has its German headquarters in Cologne.
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