VGP NV:Private placement of bonds for an amount of
Post# of 301275
Press Release Regulated Information
Brussels, 27 March 2017, 18h00 CET
Private placement of bonds for an amount of maximum € 80 million
VGP NV announces that it will issue bonds due 30 March 2025 for a maximum amount of € 80 million. The fixed rate of the bonds is 3.35% (gross) per year. The net yield equals 2.345% per year. The bonds will be issued in denomination of € 100,000.
The bonds will be placed with qualified investors on 28 March 2017 by means of a private placement. The issue date is planned on 30 March 2017. The bonds will not be listed.
KBC Bank NV will act as sole manager and bookrunner for this issuance.
An information memorandum detailing the transaction and its terms, drawn up in English, can be obtained free of charge as from 28 March 2017 on the VGP NV website ( www.vgpparks.eu ). The proceeds of the bonds will be used to finance the development of new projects and for the expansion of VGP NV's land bank (and/or its affiliates), and to accelerate the realisation of the development pipeline, to the extent that these are not financed by financial institutions.
For more information
| Mr Jan Van Geet | Mr Dirk Stoop |
| CEO | CFO |
| Tel. + 420 602 404 790 | Tel.+ 32 52 45 43 86 |
| E-mail: jan.van.geet@vgpparks.eu | E-mail: dirk.stoop@vgpparks.eu |
Profile The VGP Group ( www.vgpparks.eu ) constructs and develops high-end logistic real estate and ancillary offices for its own account and for the account of its VGP European Logistics joint venture, which are subsequently rented out to reputable clients on long term lease contracts. VGP has an in-house team which manages all activities of the fully integrated business model: from identification and acquisition of land, to the conceptualisation and design of the project, the supervision of the construction works, contracts with potential tenants and the facility management. VGP is quoted on Euronext Brussels and the Main Market of the Prague Stock Exchange.
IMPORTANT INFORMATION This announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the bonds, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. In the European Economic this announcement is only directed at qualified investors within the meaning of directive 2003/71/EC (as amended).
Attachments:
(0)
(0)