1. Aide
    1. Espace Client
    2. Connexion
Espace Membre Boursorama

Erreur d'authentification

Vous êtes authentifié. Nous chargeons votre espace membre.

Mot de passe oublié ?

Nouveau sur Boursorama ? Devenez membre

Identifiant/Mot de passe oublié
Si vous êtes Membre de la Communauté Boursorama, veuillez indiquer l'adresse email que vous avez fournie lors de votre enregistrement pour recevoir votre identifiant et/ou ré-initialiser votre mot de passe :

Nouveau sur Boursorama ? Devenez membre

Fermer

OPG: Berlin GSG refinancing process finalized
Boursorama21/12/2012 à 08:30

Press Release

Paris December 21, 2012

                                                                                               

Orco Property Group

Berlin GSG refinancing process finalized

Gewerbesiedlungs-Gesellschaft mbH (GSG)  has paid off the totality of the outstanding loan from The Royal Bank of Scotland plc. (RBS) amounting to EUR 281.9 million. This was made possible by the drawing of a new loan with a total volume of EUR 269.6 million with five German banks : DG HYP, consortium lead, Coreal Credit  Bank AG, Düsseldorfer Hypothekenbank AG, HSH Nordbank AG and Investitionsbank Berlin. The new loan has a term of five years and an interest service lower by 2 percentage points than the initial RBS loan. The agreement stipulates a mortgage collateralisation of the loan, a minimum capex spending commitment as well as quarterly amortization, which will reduce the company`s LTV based on the current company valuation to approx. 55% in 2017.

                                                                                                           

In the context of the preparation and realisation of the refinancing, GSG has been advised in terms of financing issues by DUKON Deutsche Unternehmenskapital and Rothschild, in terms of legal issues by  Gehrke Zumbroich & Partner and Salans LLP.

ORCO Property Group, established in 1991, is one of the leading Central European property companies. ORCO Property Group is based in Luxembourg and has listings on NYSE Euronext Paris, Prague and Warsaw stock exchanges. ORCO Germany is a subsidiary of ORCO Property Group.

For more information, visit our shareholder corner on www.orcogroup.com

Valeurs associées

Euronext Paris 0.00%

0 commentaire

Vous devez être membre pour ajouter un commentaire.
Vous êtes déjà membre ? Connectez-vous
Pas encore membre ? Devenez membre gratuitement

Signaler le commentaire

Fermer

Mes listes

Une erreur est survenue pendant le chargement de la liste

valeur

dernier

var.

Les Risques en Bourse

Fermer