UBM Development taps its 3.125% corporate bond to € 120m

Vienna, June 2019 – UBM Development AG tapped its 3.125% corporate bond 2018-2023 (ISIN: AT0000A23ST9) by € 45m up to a total volume of € 120m through a private placement. The first trading day was 4 June 2019.

The new notes have the same terms and conditions as the existing notes, including the maturity date on 16 November 2023. The new notes are listed together with the existing notes (under the international securities identification number AT0000A23ST9) on the Official Market of the Vienna Stock Exchange – Corporates Prime Segment.

UBM Development AG intends to use the net proceeds from the tap for general corporate purposes.

M.M.Warburg & CO acted as Sole Lead Bank and Sole Bookrunner on the transaction. Rothschild & CO acted as financial adviser to the issuer.

UBM Development is the leading hotel developer in Europe. Its strategic focus is on the three clearly defined asset classes Hotel, Residential and Office and the three core markets Germany, Austria and Poland. With 145 years of experience, UBM focuses on its core competency, the development of real estate. The Group acts as a one-stop provider for the entire value chain from initial planning all the way to marketing of the property. UBM’s shares are listed in the Prime Market segment of the Vienna Stock Exchange.

For additional information contact:

Anna Vay, CEFA
Head of Investor Relations & Corporate Communications
UBM Development AG
Tel.: +43 (0)664 626 1314
Email: investor.relations@ubm-development.com