Listed | REIC

Noval Property lately issued bond yield reached 2,65%

The offering price of the Bonds has been determined at par, i.e. € 1,000 per Bond.

RE+D magazine

03.12.2021

The "NATIONAL BANK OF GREECE SA" and "PIRAEUS BANK" as Moderators of the Public Offering of the Common Bond Loan and the introduction of bonds of "NOVAL PROPERTY INVESTMENT COMPANY REAL ESTATE" for trading in the Securities Class Fixed Income of the Athens Stock Exchange Regulated Market , after the completion of the Public Offering on 2.12.2021, announced, in accordance with article 17 par. 2 of Regulation (EU) 2017/1129, that a total of 120,000 intangible, common, anonymous bonds of the Company with a nominal value of € 1,000 each were sold ( the "Bonds") with the consequence of raising funds amounting to € 120 million.

The total valid demand expressed by investors who participated in the Public Offering amounted to € 335.2 million, marking an overrun of the Issue by 2.8 times.

The offering price of the Bonds has been determined at par, i.e. € 1,000 per Bond. The final yield of the Bonds was set at 2.65% and the interest rate on the Bonds at 2.65% per annum.

The Bonds were distributed as follows:

a) 78,000 Bonds (65% of the total issued Bonds) were distributed to Private Investors, and

b) 42,000 Bonds (35% of the total issued Bonds) were distributed to Special Investors.

NOVAL PROPERTY ΟΜΟΛΟΓΙΑΚΟ ΔΑΝΕΙΟ