DGAP-News: Aareal Bank AG / Key word(s): Issue of Debt
Aareal Bank successfully places USD 625 million mortgage Pfandbrief on the capital market
Since the issue met with strong interest from national and international investors, the order book volume exceeded USD 1 billion. The transaction was conducted by a consortium of Citi, Credit Suisse, Goldman Sachs, HSBC and Landesbank Baden-Württemberg.
"With this benchmark transaction, we are strengthening our foreign currency funding base for our lending business," says Thomas Ortmanns, member of the Management Board at Aareal Bank AG. "At the same time we are expanding our investor basis, as especially international investors showed strong interest."
The high quality of Aareal Bank's mortgage Pfandbriefe is confirmed by the highest rating scores awarded by FitchRatings and Moody's.
Aareal Bank AG
Phone: +49 611 348 2306
Phone: +49 611 348 2280
Phone: +49 611 348 3217
06.09.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||Aareal Bank AG|
|Phone:||+49 (0)611 348 - 0|
|Fax:||+49 (0)611 348 - 2332|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Stockholm|
|End of News||DGAP News Service|