Frankfurt, 28. August 2020 publity AG (Scale, ISIN DE0006972508) has successfully placed a further tranche of its 5.50% corporate bond (ISIN DE000A254RV3). Partial debentures with a nominal value of EUR 25.0 million were subscribed by TO-Holding GmbH, which is controlled by the CEO of publity AG, Thomas Olek. This increases the remaining volume of the corporate bond to a nominal EUR 75.0 million. The inflowing funds in the nominal amount of EUR 25.0 million will be used by publity for the further growth of the group. The publity bond has a total volume of up to EUR 100 million. The corporate bond is traded on the Open Market (Quotation Board) of Frankfurt Stock Exchange.
Thomas Olek, CEO, publity AG: “In my role as CEO of publity, I am pleased with the additional funds that are now available to our company for our dynamic growth strategy. And in my role as an investor who subscribed to the bond via the TO-Holding, I am pleased about the attractive interest coupon of 5.50% per year”.
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publity AG (“publity”) is an asset manager and investor specialised in office real estate in Germany. The company covers the core of the value chain from the acquisition to the development and the sale of real estate. With over 1,100 transactions in the past seven years, publity is one of the most active players in the real estate market. Currently, the company manages a portfolio with a value of over five billion euros. publity is characterized by a sustainable network in the real estate industry and in the Work-Out departments of financial institutions. With very good access to investment funds, publity handles transactions rapidly with a highly efficient process and proven partners. On a case-by-case basis, publity participates as co-investor in joint venture transactions to a limited extent. The shares of publity AG (ISIN DE0006972508) are traded on the Scale segment of Deutsche Börse.
publity AG increases corporate bond 2020-2025 by EUR 25 million to EUR 75 million