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DEUTSCHE KONSUM REIT-AG - DKR in advanced negotiations on the extension of the corporate bonds maturing in the short term

Release Date: 28/03/2024 07:05
Code(s): DKR     PDF:  
Wrap Text
DKR in advanced negotiations on the extension of the corporate bonds maturing in the short term

DEUTSCHE KONSUM REIT-AG
(Incorporated in the Federal Republic of Germany)
(Registration number: HRB 13072)
FSE Share Code: A14KRD
JSE Share Code: DKR
ISIN: DE000A14KRD3
LEI: 529900QXC6TDASMCSU89
("DKR" or "the Company")

DISCLOSURE OF AN INSIDE INFORMATION ACC. TO ARTICLE 17 MAR OF THE
REGULATION (EU) NO 596/2014 – DEUTSCHE KONSUM REIT-AG IN ADVANCED
NEGOTIATIONS ON THE EXTENSION OF THE CORPORATE BONDS MATURING IN THE
SHORT TERM

The Management Board of DKR is in advanced negotiations with the bondholders regarding
the extension of the respective maturities of (i) the unsecured DKR bond maturing on
5 April 2024 with an outstanding aggregate nominal value of EUR 70 million
(ISIN DE000A2TR5A0; hereinafter referred to as "Bond 1"), and (ii) the maturity of
31 May 2024, secured by DKR with an outstanding total nominal value of EUR 35.9 million
(ISIN DE000A2G8WQ9; hereinafter referred to as "Bond 2").

The Management Board currently assumes that the final agreements with the bondholders of
Bond 1 and Bond 2 to extend the respective maturities are expected to be made by the end
of April 2024. At present, this is still associated with uncertainties. In addition, the approval of
the Supervisory Board must be obtained.

For this reason, the maturity date of Bond 1 of 5 April 2024 was initially postponed by one
month to 3 May 2024 with the consent of the bondholders.

DKR has a primary listing on the Prime Standard on the Frankfurt Stock Exchange and a
secondary listing on the JSE.

Contact:
Deutsche Konsum REIT-AG
Mr. Christian Hellmuth
CFO
Marlene-Dietrich-Allee 12b
14482 Potsdam
Tel. 0331 / 74 00 76 - 517
Fax: 0331 / 74 00 76 - 520
E-Mail: ch@deutsche-konsum.de

Potsdam, 28 March 2024

JSE Sponsor
PSG Capital

Date: 28-03-2024 07:05:00
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