Premia Properties declares a €100M bond loan issue
The purpose of the issuance is the repayment of existing loan obligations.
Premia Properties announced that the Board of Directors of the Company, during its meeting on 7 January 2022, resolved on the issuance of a common bond loan, amounting up to €100,000,000, with a minimum amount of €75,000,000, with a duration of five (5) years.
The offering of the bonds of the Bond Loan (the “Bonds”) will be available to investors in Greece by way of a public offering (the “Public Offering”) and the admission of the Bonds to trading in the Fixed Income Securities Segment of the Regulated Market of the Athens Exchange.
The purpose of the issuance is the repayment of existing loan obligations, the financing of real estate investments and the coverage of the working capital financial needs of the Company’s group.