from ADO Properties S.A. (isin : LU1250154413)
Adler Group S.A.: Real estate financing of just under EUR 140 million extended
EQS-News: Adler Group S.A. / Key word(s): Financing
Adler Group S.A.: Real estate financing of just under EUR 140 million extended
11.01.2023 / 12:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
Adler Group S.A.: Real estate financing of just under EUR 140 million extended
Luxembourg, 11 January 2023 – Adler Group S.A. ("Adler") announces today that it has extended an existing real estate financing with a quantum of almost EUR 140 million for companies of Adler. The term of the loan, issued by a leading German real estate bank, has been extended by two years until the end of 2024. With the extension, the conditions were adjusted to the current market conditions.
The loan serves the ongoing financing of existing real estate portfolios and is secured by land in Berlin. The extension is a further step in the stabilization and financial security of the company.
Contact
Investor Relations:
P +352 278 456 710
F +352 203 015 00
E investorrelations@adler-group.com
11.01.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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| Language: | English |
| Company: | Adler Group S.A. |
| 55 Allée Scheffer | |
| 2520 Luxembourg | |
| Luxemburg | |
| Phone: | +352 278 456 710 |
| Fax: | +352 203 015 00 |
| E-mail: | investorrelations@adler-group.com |
| Internet: | www.adler-group.com |
| ISIN: | LU1250154413 |
| WKN: | A14U78 |
| Indices: | , FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany Index |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX |
| EQS News ID: | 1532725 |
| End of News | EQS News Service |
1532725 11.01.2023 CET/CEST