LONDON, January 17, 2017 /PRNewswire/ --
BCRE - Brack Capital Real Estate
Investments N.V.
("BCRE" or the "Company")
Contemplated issuance of Bonds under the Programme
The Company announces that it intends to issue a new tranche of
bonds, with an aggregate principal amount of up to US$12,000,000 ("Bonds") under its
US$180 million programme for the
issuance of bonds ("Programme").
The Programme was established in 2014 and an updated base
prospectus ("Base Prospectus") and a supplement prospectus
dated 3 March and 24 March 2016
respectively (together with the Base Prospectus,
"Prospectus") have been made available on BCRE's website:
www.brack-capital.com.
It is expected that the Bonds will be issued under the Programme
on the same terms and conditions as the bonds which are currently
outstanding under the Programme. As such, any such Bonds will be
fungible with the existing bonds issued under the Programme.
With respect to the contemplated issuance of Bonds, it is
intended that a supplement prospectus, approved by the Netherlands
Authority for the Financial Markets, will be made available. The
Company shall announce the definitive characteristics when the
issuance is final.
Please read the disclaimer below "Disclaimer - Intended
Addressees" before attempting to access this service, as your right
to do so is conditional upon complying with the requirements set
out below.
ENQUIRIES:
BCRE - Brack Capital Real Estate Investments N.V.
Ariel Podrojski, Chief Executive Officer
Nansia Koutsou, Chief Financial Officer / Chief Operating
Officer, +31 20 514 1004
Novella Communications
Tim Robertson
Toby Andrews, +203 151 7008
DISCLAIMER - INTENDED ADDRESSEES
Please note that the information contained in the Prospectus may
be addressed to and/or targeted at persons who are residents of
particular countries (specified in the Base Prospectus) only and is
not intended for use and should not be relied upon by any person
outside these countries and/or to whom the offer contained in the
Base Prospectus is not addressed. Prior to relying on the
information contained in the Prospectus, you must ascertain from
the Base Prospectus whether or not you are part of the intended
addressees of the information contained therein.
The Bonds have not been and will not be registered under the
United States Securities Act of 1933, as amended (Securities
Act). Subject to certain exceptions, the Bonds may not be
offered, sold or delivered within the
United States or to, or for the benefit of, US persons.
This announcement is for information purposes only and is not a
prospectus and does not constitute an offer to subscribe for or buy
shares, the Bonds or other securities of the Company
(Securities) in any jurisdiction. This announcement and the
fact of its distribution is not and should not be seen as an
inducement in relation to a decision to purchase Securities.
Investors should not subscribe for or purchase any Bonds except on
the basis of information contained in the Prospectus published by
the Company.
The contents of this announcement have been prepared by and are
the sole responsibility of the Company.
Peel Hunt LLP, which is authorised and regulated in the
United Kingdom by the FCA, is
acting for the Company and no-one else in connection with the
Programme and will not regard any other person as its client or be
responsible to anyone other than the Company for providing the
protections afforded to its clients or for providing advice in
relation to the Programme or any transaction or arrangement
referred to in this announcement.
About BCRE
BCRE is an international real estate development and investment
group, headquartered in the
Netherlands and listed on the London Stock Exchange. Through
its subsidiary and associated undertakings, the Company is
interested in, develops and operates an international portfolio of
real estate assets, predominantly located in the USA, Germany
and Russia.
The Company has established local management team platforms with
significant local market expertise in the US, Germany, Russia, India
and the UK with exclusive access to over 550 staff. At present, the
Company has offices and teams in New
York, London, Frankfurt, Düsseldorf, Moscow, Kazan, New
Delhi, Amsterdam and
Limassol.
This is a disclosure announcement from PR Newswire.