Peach Property Group AG

EQS-Adhoc: Peach Property Group places hybrid bond with a volume of around CHF 25 million

EQS Group-Ad-hoc: Peach Property Group AG  / Key word(s): Bond/Issue of Debt
Peach Property Group places hybrid bond with a volume of around CHF 25 million

11.12.2015 / 18:30
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.


Press release

Peach Property Group places hybrid bond with a volume of around CHF 25 million

-Good demand from institutional and private investors

-Trading on the SIX Swiss Exchange to commence on 16 December 2015

-Proceeds to be used for refinancing and further expansion

Zurich, 11 December 2015 - Peach Property Group AG, an investor in the
residential and commercial real estate sectors, today announced that it achieved
an issue volume of around CHF 25 million by issuing a subordinated bond ("hybrid
bond", ISIN CH0305711647). A total of around 25,000 bonds at a face value of EUR
1,000 each were sold by way of a public offer in Switzerland as well as by
private placements with selected European investors.

Herewith the Company has placed the target volume as communicated at beginning
of the subscription period. The Company could not utilise its option to increase
the target volume for the hybrid bond to up to CHF 50 million yet due to timely
and regulatory restrictions occurring shortly before the end of the subscription
period. Investors however have shown interest to which Peach Property Group can
get back at a later point in time.

The hybrid bond has an unlimited term and may be terminated by Peach Property
Group AG no earlier than after three years, i.e. effective 15 December 2018. Up
until that date, the bond will have a coupon of 5.00 percent p.a.; after that,
the annual interest rate will be equivalent to the 3-month LIBOR rate plus 9.25

Peach Property Group will use the proceeds to refinance its liabilities and to
expand its portfolio of investment properties, primarily in Germany. The Company
will leverage the currently favourable market opportunities in Germany to
increase its focus on investment properties in line with its strategy. The
mid-term goal is to increase the portion of investment properties to 75 percent
of its overall portfolio. Peach Property Group's focus is on attractive and
high-yield properties in the German states of North Rhine-Westphalia, Lower
Saxony and Hesse.

Dr Thomas Wolfensberger, CEO of Peach Property Group AG, commented: "The volume
achieved with the hybrid bond has met our expectations and gives us additional
financial leeway for repaying our liabilities and for further growth. The placed
volume qualifies as equity under IFRS. Therefore the equity ratio improves as


Media, investors and analysts

Dr. Thomas Wolfensberger, Chief Executive Officer and Dr. Marcel Kucher, Chief
Financial Officer
+41 44 485 50 00 |

German media

edicto GmbH, Axel Mühlhaus, Peggy Kropmanns
+49 (0) 69 90 55 05 52 |

About Peach Property Group AG

Peach Property Group AG is a leading property investor and developer focused on
investments in Germany and Switzerland. The Group stands for long time
experience, competence and quality. Innovative solutions for modern housing
needs, strong partnerships and a wide value chain complete the profile of the
Group. The portfolio consists of an increasing number of high yield investment
properties, typically in B-cities in close reach to metropolitan areas. In
addition, the Group develops properties for its own portfolio or for the sale as
condominium. Developments for sale focus on A-locations and encompass attractive
architecture and high level furnishing for an international clientele. The
business activities of the Group cover the entire value chain, from property
acquisition and site selection to active asset management and finally to the
sale or lease of properties.

Peach Property Group AG is headquartered in Zurich and has its German Group
headquarters in Cologne. Peach Property Group AG is listed on the SIX Swiss
Exchange (PEAN, ISIN CH0118530366).

For more information, see

Important information

This document does not contain or constitute an offer of, or the solicitation of
an offer to buy or subscribe for, securities to any person in the European
Union, Australia,  Canada, Japan, or the United States or in any jurisdiction to
whom or in which such offer or solicitation is unlawful. The securities referred
to herein may not be offered or sold in the United States absent registration
under the U.S. Securities Act of 1933, as amended (the "Securities Act") or
another exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act. Subject to certain exceptions, the
securities referred to herein may not be offered or sold in the EU, Australia,
Canada or Japan or to, or for the account or benefit of, any national, resident
or citizen of Australia, Canada or Japan. The offer and sale of the securities
referred to herein has not been and will not be registered under the Securities
Act or under the applicable securities laws of the EU, Australia, Canada or
Japan. There will be no public offer of the securities in the United States.

In the United Kingdom, this document is only being distributed to and is only
directed at persons who (i) are investment professionals falling within Article
19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (as amended) (the 'Order') or (ii) are persons falling within Article
49(2)(a) to (d) of the Order (high net worth companies, unincorporated
associations, etc.) (all such persons together being referred to as 'Relevant
Persons'). This document is directed only at Relevant Persons and must not be
acted on or relied on by persons who are not Relevant Persons. Any investment or
investment activity to which this document relates is available only to Relevant
Persons and will be engaged in only with Relevant Persons.

No action has been taken that would permit an offering of the securities or
possession or distribution of this announcement in any jurisdiction where action
for that purpose is required. Persons into whose possession this announcement
comes are required to inform themselves about and to observe any such

If any statements in this document contain forward-looking statements, such
statements do not represent facts and are characterized by the words 'will',
'expect', 'believe', 'estimate', 'intend', 'aim', 'assume' or similar
expressions. Such statements express the intentions, opinions or current
expectations and assumptions of Peach Property Group and the persons acting
together with Peach Property Group. Such forward-looking statements are based on
current plans, estimates and forecasts which Peach Property Group and the
persons acting together with Peach Property Group have made to the best of their
knowledge, but which do not claim to be correct in the future. Forward-looking
statements are subject to risks and uncertainties that are difficult to predict
and usually cannot be influenced by Peach Property Group or the persons acting
together with Peach Property Group. It should be kept in mind that the actual
events or consequences may differ materially from those contained in or
expressed by such forward-looking statements.

The information contained in this announcement is for background purposes only
and does not purport to be full or complete. No reliance may be placed for any
purpose on the information contained in this announcement or its accuracy or
completeness. The information in this announcement is subject to change.

This document does not constitute an issuing prospectus according to Article 652
a and 1156 of the Swiss Code of Obligations, nor does it constitute a listing
prospectus according to Article 27 ff of SIX Swiss Exchange's listing

End of ad hoc announcement

Additional features:

Document title: Press Release

11.12.2015 News transmitted by EQS Schweiz AG. - news archive:

The issuer is responsible for the contents of the release.

Language: English

Company:  Peach Property Group AG

          Seestrasse 346

          8038  Zürich


Phone:    +41 44 485 50 00

Fax:      +41 44 485 50 11


ISIN:     CH0118530366

Valor:    A1C8PJ

Listed:   Regulated Unofficial Market in Berlin, Stuttgart; Open Market in
Frankfurt ; SIX

End of News EQS Group News Service
423179  11.12.2015 

Weitere Meldungen: Peach Property Group AG

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