DGAP-Ad-hoc: Diok RealEstate AG / Key word(s): Bond Diok RealEstate AG: DIOK Postpones Issuance of the Next Bond Tranche 21-Nov-2019 / 18:12 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The Management Board of Diok RealEstate AG (DIOK) decided in coordination with the banks involved to postpone the issuance of the third tranche of its 2018/2023 corporate bond, which was planned to move ahead at this time, until the first half-year of 2020, subject to the then prevailing market conditions. The reason for this is that the purchase agreements for the acquisition of the properties, which are to be partially financed with the issue proceeds, contain conditions precedent so that the purchase price payments will only be due at a later date than originally planned. The postponement of the bond tranche issuance implies no changes to the company's growth targets.
21-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
|Company:||Diok RealEstate AG|
|Listed:||Regulated Unofficial Market in Frankfurt|
|EQS News ID:||918845|
|End of Announcement||DGAP News Service|
918845 21-Nov-2019 CET/CEST