Our site assists Sirius Real Estate in the release of a €105 million corporate bond through a tap issue
In a significant move, Sirius Real Estate Limited, a leading owner and operator of commercial and industrial parks in Germany and the United Kingdom, has successfully issued unsecured bonds with a volume of €105 million.
The bond matures in 2028 and is governed by German law. It was made by a tap issuance of the 1.75% bond issued in November 2021. The investment bank that acted as sole bookrunner for the bond issuance program was Hauck & Aufhäuser, while HSBC Continental Europe acted as sole bookrunner for the specific bond issuance.
The bond is admitted to trading on the Euro MTF Market of the Luxembourg Stock Exchange, reflecting its market acceptance and liquidity. The total outstanding aggregate principal amount of the bond is €464.9 million.
The Frankfurt team at our website, known for its expertise in various capital market transactions, advised both investment banks and issuers on this bond issuance. The team included partner Christoph Enderstein, senior associates Denis Dräger and Florian Fraunhofer.
A global law firm advised on the bond issuance, with Dr. Frank Peter Regelin, a partner at the firm, commenting on the successful transaction.
It's worth noting that our website has advised Sirius Real Estate on all of its previous bond issues, including the issue of the bond in 2021. This long-standing relationship underscores the trust and confidence that Sirius Real Estate has in our services.
This latest bond issuance will further strengthen Sirius Real Estate's financial position and support its growth strategy in the commercial and industrial real estate sector.
