Aves One AG increases bond volume from EUR 30 million to up to EUR 50 million due to high demand
Aves One AG, a strongly growing holder of long-life logistics assets, is increasing the volume of its 5.25% p.a. fixed-interest bond "Aves One 06/2020-05/2025" by up to EUR 20 million to up to EUR 50 million. Due to the high demand, the company's Management Board decided to take this step.
"We are very pleased about the strong market demand for our listed bond. With the issue proceeds we are continuing our growth course with a well-filled acquisition pipeline in the rail segment", explains Sven Meissner, member of the Management Board of Aves One AG. As the listed Group focuses on rail investments, the bond is an ecologically oriented investment in a promising growth market.
The conditions of the bond issued since June 2020 remain unaffected by the increase. It will continue to be available from a subscription amount of EUR 1,000 and a denomination of EUR 1,000. The term ends on 31 May 2025. The proceeds of the issue will be used to finance acquisitions and to refinance existing assets. The bond is thus a further component that contributes to a greater diversification and optimisation of the overall financing structure.