BANIMMO NV CLOSES A EUR 50 MILLION BOND PRIVATE PLACEMENT
November 27 2020 - 10:51AM
BANIMMO NV CLOSES A EUR 50 MILLION BOND PRIVATE PLACEMENT
Today Banimmo NV closed a 5-year private
placement of Bonds for an amount of EUR 50 million.The bonds, each
with a denomination of EUR 100.000, bear a fixed coupon of 4.50%
per annum.
The bonds will be issued on December 2nd 2020
and will be admitted to trading on Euronext Growth Brussels under
ISIN Code BE0002748292.
The net proceeds of the bond issue will be used
by Banimmo NV to finance the current development projects in Ghent
and Brussels and support the growth strategy through further
development of the existing portfolio and future acquisitions. They
will also contribute to the diversification of the financial
resources and the reorganisation of the existing debt.
KBC Bank NV acted as sole book runner for this
placement.
Laurent Calonne, CEO: "Since the entry of Patronale Life
in the capital and the appointment of a new management, Banimmo has
launched 3 major real estate projects in Ghent, Brussels and
Louvain-la-Neuve. These projects, of which one has already
successfully been sold, will fully focus on flexible, service-based
and sustainable real estate, pursuant to Banimmo’s newly defined
mission and strategy that we will unveil in the weeks to come”.
For more information, contact:
Banimmo
SA
Laurent Calonne
Werner Van WalleBischoffsheimlaan
33 CEO
Chairman of the Board of DirectorsB-1000
Brussels
laurent.calonne@banimmo.be
Werner.VanWalle@patronale-life.beT +32 2 710 53 11
This press release is available on the website of the company
www.banimmo.be
On BanimmoBanimmo is an important player in the
transformation of tertiary real estate assets and the development
of build-to-suit building that respond to the needs and strict
criteria of investors-users and tenants.The current real estate
portfolio comprises approximately 38,459 m² of developed surfaces
and a reserve of ca. 281,000 m² of development potential.
- Banimmo PB_private placement_27 11 2020_ENG_F
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