24.07.2017 – 12:29
DGAP-News: Swiss Merchant Group AG: Equity Participation and Debt Financing of Evan Group Plc


DGAP-News: Swiss Merchant Group AG / Key word(s): Bond/Investment
Swiss Merchant Group AG: Equity Participation and Debt Financing of Evan Group
Plc

24.07.2017 / 12:22
The issuer is solely responsible for the content of this announcement.

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THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION WHERE TO
DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

Swiss Merchant Group AG
ISIN CH0323874260, WKN A1817G, VALOR32387426

Corporate News Ad-Hoc

Swiss Merchant Group AG, ISIN CH0323874260,announces an optional nominal warrant
interest on Maltese real estate corporation Evan Group PLC. In combination with
this interest, Swiss Merchant Group AG has reserved a block of EUR 125 million
unsecured bonds (ISIN DE000A19L426), issued by Evan Group PLC. The bonds will
have a maturity of 5 years, the annual coupon will be at 6%.The investment in
the bonds and in the equity of Evan Group PLC are linked to certain terms and
conditions.

Evan Group PLC.is a Maltese corporation and holds a real estate portfolio
consisting investment properties, as well as development sites in Germany. The
properties amount up to 140'000 sqm rentable residential and commercial space.
Valuation of the properties are estimated at EUR 369 million, resulting in a
projected annual income of approx. EUR 23.5 million.

The equity of Evan Group PLC amounts to more than EUR 100 million. The
corporation is focused on investment properties and niche development properties
such as micro apartments, student homes, workers accommodations and innovative
B2B/C estates. Evan Group PLC is mainly active investing in the top 10 locations
in Germany.

The management of Evan Group PLC. holds a 30 year successful track record in
acquisition, development, management and sales of German real estate.

Axel Kruger, president of the board of Swiss Merchant Group AG comments: " we
are delighted to participate in an asset based investment of Evan Group PLC. and
are looking forward to assist in expanding Evan Group's sustainable portfolio of
German real estate properties.

Swiss Merchant Group AGis a Swiss Debt & Equity Investor, focusing on asset
based real estate and corporate investments.

Swiss Merchant Group AG
Bahnhofplatz
CH-6300 Zug
+ 41 41 511 37 00 
info@swissmerchantgroup.com
www.swissmerchantgroup.com

Disclaimer

Safe Harbor Statement

No action has been taken that would permit an offering of the securities or
possession or distribution of this announcement in any jurisdiction where action
for that purpose is required. Persons into whose possession this announcement
comes are required to inform themselves about and to observe any such
restrictions.

If any statements in this document contain forward-looking statements, such
statements do not represent facts and are characterized by the words 'will',
'expect', 'believe', 'estimate', 'intend', 'aim', 'assume' or similar
expressions. Such statements express the intentions, opinions or current
expectations and assumptions of Swiss Merchant Group AG and the persons acting
together with Swiss Merchant Group AG. Such forward-looking statements are based
on current plans, estimates and forecasts which Swiss Merchant Group AG and the
persons acting together with Swiss Merchant Group AG have made to the best of
their knowledge, but which do not claim to be correct in the future.
Forward-looking statements are subject to risks and uncertainties that are
difficult to predict and usually cannot be influenced by Swiss Merchant Group AG
or the persons acting together with Swiss Merchant Group AG. It should be kept
in mind that the actual events or consequences may differ materially from those
contained in or expressed by such forward-looking statements.

The information contained in this announcement is for background purposes only
and does not purport to be full or complete. No reliance may be placed for any
purpose on the information contained in this announcement or its accuracy or
completeness. The information in this announcement is subject to change.

End of ad hoc announcement

 

 



Contact:
Swiss Merchant Group AG 
info@swissmerchantgroup.com
+ 41 41 511 37 00
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24.07.2017  Dissemination of a Corporate News, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English

Company:  Swiss Merchant Group AG

          Bahnhofplatz

          6300 Zug

          Switzerland

Phone:    +41 41 511 37 00

E-mail:    info@swissmerchantgroup.com

Internet: www.swissmerchantgroup.com

ISIN:     CH0323874260

WKN:      A1817G

Listed:   Open Market in Frankfurt



 

End of News DGAP News Service

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591953  24.07.2017