DGAP-News: TAG Immobilien AG: Notice of results to the Repurchase Invitation to the holders of the series of Notes to tender for purchase for cash the outstanding Notes
(firmenpresse) - DGAP-News: TAG Immobilien AG / Key word(s): Miscellaneous
TAG Immobilien AG: Notice of results to the Repurchase Invitation to
the holders of the series of Notes to tender for purchase for cash the
outstanding Notes
31.07.2013 / 07:16
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31 July 2013
NOT FOR DISTRIBUTION TO ANY UNITED STATES PERSON OR ANY PERSON LOCATED OR
RESIDENT IN THE UNITED STATES OF AMERICA
Notice of results to the Repurchase Invitation by TAG Immobilien AG
to the holders of the series of Notes to tender for purchase for cash the
outstanding Notes
at the Repurchase Price up to the Maximum Cash Consideration
TAG Immobilien AG (the Company) invited holders of three series of
outstanding convertible Notes (as set out in the table below) (the Notes)
to tender for purchase for cash (the Repurchase Invitation). Credit Suisse
Securities (Europe) Limited acted as dealer manager in relation to the
Repurchase Invitation.
The Company has decided to accept proposals for sale under the Repurchase
Invitation in an aggregate cash amount of EUR 76,419,798.36 (including
accrued interest to the Settlement Date) at the relevant Repurchase Price
as set out in the table below. The Company will also pay accrued interest
to the Settlement Date.
Description ISIN Denomin- Accepted Outstand- Repurchase PriceThe Repurchase Invitation commenced on 29 July 2013 and expired at 6 pm CET
ation Princip- ing
al Amount Amount
upon
Settlement
EUR 30,000,000 DE000A1E EUR EUR EUR EUR 184.80
6.375 per cent. LQF0 100.00 10,947,9 18,997,20 (excluding
Convertible 00.00 0.00 accrued
interest)
Notes due May
2015
EUR 66,600,000 DE000A1E EUR 7.40 EUR EUR EUR 10.62
6.50 per cent. 89W7 29,132,0 37,466,71 (including
Convertible 53.60 0.60 accrued interest
Notes due to the
December 2015 Settlement Date)
EUR 85,300,000 DE000A1P EUR EUR EUR EUR 131,000.00
5.50 per cent. GZM3 100,000. 10,800,0 74,500,00 (excluding
Convertible 00 00.00 0.00 accrued
interest)
Notes due June
2019
on 30 July 2013.
The settlement of the Notes is expected to occur on 7 August 2013 (the
Settlement Date).
Requests for information in relation to the terms of the Repurchase
Invitation should be directed to:
Dealer Manager:
Credit Suisse Securities (Europe) Limited
One Cabot Square
London E14 4QJ
United Kingdom
Tel. No.: +44 (0) 20 7883 6930
Fax No.: +44 (0) 20 7943 4428
Attention: Convertible Bonds Origination Desk
Disclaimer
THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR
INTO OR TO ANY PERSON NOT FOR DISTRIBUTION TO ANY UNITED STATES PERSON OR
ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA LOCATED OR
RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS
(INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICANSAMOA, WAKE
ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF
AMERICA OR THE DISTRICT OF COLUMBIA (THE UNITED STATES). THE OFFER
REFERENCED HEREIN IS NOT BEING MADE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES, OR BY USE OF THE MAILS, OR BY ANY MEANS OR INSTRUMENTALITY
OF INTERSTATE OR FOREIGN COMMERCE, OR OF ANY FACILITY OF A NATIONAL
SECURITIES EXCHANGE, OF THE UNITED STATES AND THE OFFER CANNOT BE ACCEPTED
BY ANY SUCH USE, MEANS, INSTRUMENTALITY OR FACILITY OR FROM WITHIN THE
UNITED STATES.
This release does not constitute an offer to sell or a solicitation of an
offer to purchase any securities in the United States. The securities
referred to herein (including the Notes and the shares of TAG Immobilien AG
have not been and will not be registered under the U.S. Securities Act of
1933, as amended (the Securities Act) or the laws of any state within the
U.S., and may not be offered or sold in the United States or to or for the
account or benefit of U.S. persons, except in a transaction not subject to,
or pursuant to an applicable exemption from, the registration requirements
of the Securities Act or any state securities laws. This release and the
information contained herein may not be distributed or sent into the United
States, or in any other jurisdiction in which offers or sales of the
securities described herein would be prohibited by applicable laws and
should not be distributed to United States persons or publications with a
general circulation in the United States. No offering of the Notes is being
made in the United States.
Contact:
TAG Immobilien AG
Head of Investor and Public Relations
Dominique Mann
Tel. +49 (0) 40 380 32 -300
Fax +49 (0) 40 380 32 390
ir(at)tag-ag.com
End of Corporate News
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31.07.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: TAG Immobilien AG
Steckelhörn 5
20457 Hamburg
Germany
Phone: 040 380 32 0
Fax: 040 380 32 390
E-mail: ir(at)tag-ag.com
Internet: http://www.tag-ag.com
ISIN: DE0008303504
WKN: 830350
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
Stuttgart
End of News DGAP News-Service
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223509 31.07.2013
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Datum: 31.07.2013 - 07:16 Uhr
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News-ID 283224
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