Corestate Capital Holding S.A.: CORESTATE issues EUR 300m corporate bond – optimization of capital structure

03/29/2018
DGAP-News: Corestate Capital Holding S.A.: CORESTATE issues EUR 300m corporate bond – optimization of capital structure
DGAP-News: Corestate Capital Holding S.A. / Key word(s): Bond

29.03.2018 / 12:37
The issuer is solely responsible for the content of this announcement.

CORESTATE issues EUR 300m corporate bond – optimization of capital structure

CORESTATE Capital Holding S.A. (CORESTATE), a fully integrated investment manager and co-investor based in Luxembourg, has issued a corporate bond with a volume of EUR 300m. Fully placed with institutional investors, the bond has a maturity of five years and an annual coupon of 3.5%.

Lars Schnidrig, Chief Financial Officer of CORESTATE: “The successful placement in a volatile market environment reflects the trust the capital market has in our sustainable business model and enables us to further reduce our financing costs and to optimize our capital structure. The access to the bond market also forms an integral part in the implementation of our long-term growth strategy.”

The proceeds of the issue will be used to refinance existing loans at better rates as well as for the continuation of the growth strategy.

IR Contact
Dr. Kai Gregor Klinger
T: +49 69 3535630-107 / M: +49 152 22755400
kai.klinger@corestate-capital.com

PR Contact
Tom Zeller
Phone: +49 69 264867715 / Cell phone: +49 176 10430063
tz@feldhoff-cie.de

About CORESTATE Capital Holding S.A.
CORESTATE Capital Holding S.A. (CORESTATE) is an investment manager and co-investor with approximately EUR 22bn in assets under management. As a fully integrated real estate platform, CORESTATE offers its clients combined expertise in the areas of investment and fund management as well as real estate management services. The company operates as a respected business partner of institutional clients and wealthy private investors internationally. CORESTATE is headquartered in Luxembourg and has 41 offices including in Frankfurt, London, Madrid, Singapore and Zurich. The company employs over 560 people and is listed in the regulated market (SDAX) of the Frankfurt Stock Exchange.
Further information is available at www.corestate-capital.com.

Forward-Looking Statements
This press release may contain forward-looking statements based on current assumptions and forecasts made by our management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of our company and the estimates given here. These factors include those discussed in our public reports, which are available on our website at [ir.corestate-capital.com]. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.