pta20250113005
Ad hoc announcement according to article 53 KR

Peach Property Group AG: Tender Offer on €300 million, 4.375% Senior Notes due November 2025

[ PDF ]

Zürich (pta005/13.01.2025/07:00 UTC+1)

Ad hoc announcement pursuant to Art. 53 LR

* Tender consideration of up to € 100 million

* Minimum Purchase Price of 96.5%

* Deadline for tender of Notes on 17 January 2025

Peach Property Group AG announces that its subsidiary Peach Property Finance GmbH (the "Offeror") with registered seat in Germany will invite today Eligible Holders of the outstanding 4.375% Senior Notes due 2025 (Reg S ISIN: XS2247301794, the "Notes") issued by Peach Property Finance GmbH and guaranteed by Peach Property Group AG to tender such Notes for purchase by the Offeror for cash at prices to be determined pursuant to an Unmodified Dutch Auction Procedure up to a Tender Consideration of €100,000,000, subject to the conditions described in the offer to purchase dated 13 January 2025 (the "Offer to Purchase"). The minimum purchase price is set at 96.5%. The offer will expire at 4:00 p.m. London time on 17 January 2025, unless otherwise extended, amended or earlier terminated as provided in the Offer to Purchase.

Contacts:

Media, investors and analysts

Gerald Klinck, Chief Executive Officer
+41 44 485 50 00 | investors@peachproperty.com

Media Germany

Rosenberg Strategic Communications GmbH & Co. KG

Dirk T. Schmitt, Managing Partner

+49 170 302 8833 | D.Schmitt@RosenbergSC.com

About Peach Property Group AG

Peach Property Group is a property investor focused on residential investment in Germany. The group stands for many years of experience, expertise and quality. Innovative solutions for tenants' needs, strong partnerships and a broad value chain complete the profile, while digitalization and sustainability characterize the operational business. The portfolio consists of high-yield properties, typically in German Tier II cities in the catchment areas of major metropolitan areas. Activities therefore cover the entire value chain, from site evaluation and acquisition to active asset management and the letting or sale of properties. In addition, the Group is developing selected properties in Switzerland for sale as condominiums, the latest of which is the "Peninsula Wädenswil" project.

Peach Property Group AG is headquartered in Zurich and has its German headquarters in Cologne. Peach Property Group AG is listed on the SIX Swiss Exchange (PEAN, ISIN CH0118530366). The Board of Directors includes Michael Zahn (Chairman), Cyrill Schneuwly, Beat Frischknecht, Urs Meister and Eric Assimakopoulos.

Further information: https://www.peachproperty.com/en/

(end)

Emitter: Peach Property Group AG
Neptunstrasse 96
8032 Zürich
Switzerland
Contact Person: Gerald Klinck
Phone: +41 44 485 50 00
E-Mail: investors@peachproperty.com
Website: www.peachproperty.com
ISIN(s): CH0118530366 (Share)
Stock Exchange(s): SIX Swiss Exchange; Free Market in Berlin, Frankfurt, Stuttgart
|