Corestate issues first convertible, increases it to €200m

Aidan Gregory

November 21, 2017 05:00 PM

Berlin PA 230x150 — October 3, 2017 - Berlin, Germany - The Strasse des 17 Juni, or 17th June Street, through the Tiergarten, with the Brandenburger Tor or Brandenburg Gate in the distance, Mitte, Berlin, Germany. The name commemorates the uprising of the East Berlin workers on 17th June 1953, when the Red Army and GDR Volkspolizei shot protestors. On the skyline can be seen the dome of the Berliner Dom or Belrin cathedral, and the Fernsehturm or Television Tower, and to the far left, the Reichstag. Picture by Manuel Cohen (Credit Image: © Manuel Cohen/Aurimages via ZUMA Press) | Manuel Cohen/Zuma Press/PA Images

Corestate Capital Holding, the German property manager with €22bn of assets under management, has issued its first convertible bond. The five year deal was increased by €50m due to the strength of the demand.

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Topics

Morgan Stanley Credit Suisse Germany Equity Europe EMEA Jefferies LLC Equity-Linked

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Aidan Gregory