Xetra/FWB: Subscription Launch For DIC Asset AG Corporate Bond - Inclusion In The Prime Standard For Corporate Bonds Planned

DIC Asset AG is launching a corporate bond in the Prime Standard of the Frankfurt Stock Exchange. The bond with the ISIN DE000A1TNJ22 may be subscribed from today until 8 July, subject to early termination of subscription. It has a volume of up to €100 million, runs until 8 July 2018 and has an interest rate of 5.75 percent. Its nominal denomination is €1,000.

Trading is planned to commence on 9 July 2013. Applicant and specialist is Baader Bank AG.

“We are pleased that DIC Asset AG has decided to list its bond in the Prime Standard for corporate bonds for a second time. This segment is aimed at larger listed and non-listed companies that are internationally active and wish to position themselves with regard to international investors,” said Dr Cord Gebhardt, Head of Primary Markets at Deutsche Börse.

DIC Asset AG is dedicated to investing in commercial real estate, particularly office properties, in Germany. According to information from the company, the current real estate portfolio totals approximately €3.4 billion with around 260 properties. The investment strategy is aimed at developing a high-quality regionally diversified portfolio that is yield-oriented.