24.01.2017 – 17:41

Zug Estates Holding AG

EQS-Adhoc: Successful first issuance of a CHF 100 million fixed-interest bond by Zug Estates

EQS Group-Ad-hoc: Zug Estates Holding AG / Key word(s): Real Estate/Bond
Successful first issuance of a CHF 100 million fixed-interest bond by Zug
Estates

24-Jan-2017 / 17:35 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
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Successful first issuance of a CHF 100 million fixed-interest bond by Zug
Estates

Today, Zug Estates Holding AG successfully placed a CHF 100 million
fixed-interest bond with a 0.70% coupon and a maturity of five years. The
proceeds will be invested in the further development of Zug Estates' portfolio.
The bond issue allows the Group to diversify its financing instruments and to
take advantage of the attractive conditions currently prevailing on the capital
market.

Credit Suisse and Bank Vontobel were acting as the Joint Lead Manager/Joint
Bookrunner for the transaction. An application will be made to have the bond
admitted to trading on the SIX Swiss Exchange. The consummation of the bond
issuance is scheduled for February 17, 2017.

 

Upcoming events:
March 10, 2017 Publication of the 2016 annual report
April 11, 2017 General meeting of shareholders
September 1, 2017 Publication of the 2017 half-year report

For further information, please contact:
Tobias Achermann, CEO,tobias.achermann@zugestates.ch, T +41 41 729 10 10
Gabriela Theus, CFO,gabriela.theus@zugestates.ch, T +41 41 729 10 10

About Zug Estates
The Zug Estates Group conceives, develops, markets and manages properties in the
Zug region. It focuses on centrally located sites suitable for a wide range of
uses and with potential for sustainable development. A large part of the real
estate portfolio is located at two sites in Zug and Risch Rotkreuz and is
broadly diversified by type of use. The Group also runs a city resort in Zug
incorporating the two leading business hotels Parkhotel Zug and City Garden,
augmented by a range of restaurant outlets. As at June 30, 2016, the total
portfolio value was CHF 1.2 bn.

Zug Estates Holding AG is listed on the SIX Swiss Exchange, Zurich, (ticker
symbol: ZUGN; securities number: 14 805 212).

Additional features:


Document:http://n.eqs.com/c/fncls.ssp?u=SVTEHWSKTK
Document title: Press release
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End of ad hoc announcement------------------------------------------------------

Language: English

Company:  Zug Estates Holding AG

          Industriestrasse 12

          6300 Zug

          Switzerland

Phone:    +41 41 729 10 10

E-mail:    ir@zugestates.ch

Internet: www.zugestates.ch

ISIN:     CH0148052126, CH0148052118

Valor:    A1J0M6

Listed:   Regulated Unofficial Market in Stuttgart; Open Market in Frankfurt ;
SIX Swiss Exchange



 

End of Announcement EQS Group News Service

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538677  24-Jan-2017 CET/CEST