DGAP-News: Swiss Merchant Group AG: Equity Participation and Debt Financing of Evan Group Plc
24.07.2017 – 12:29
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. -------------------------------------------------------------------------------- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN OR INTO 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 -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- 591953 24.07.2017