Ghelamco made a decision on the issue of PU1 series bonds with a total nominal value of up to PLN 35 million, issued under the IX bond issue program, secured by a surety granted by the company’s sole shareholder, i.e. Granbero Holdings Limited, said the company.
“The offer will be directed only to:
(i) qualified investors within the meaning of the Prospectus Regulation who are bond dealers or qualified investors for which the dealer provides and under the service of managing a portfolio of financial instruments, and
(ii) individually selected investors who are not qualified investors in a total number not exceeding 149, “the release reads.
The issuer is considering further issues under the program in the first quarter of 2021, it was also announced.
The value of the issuer’s liabilities as at December 31, 2020 was PLN 1,218,754,725.58, summarized.
Ghelamco Poland operates on the commercial real estate market in Poland. For 29 years, as an investor, developer and general contractor, the company has consolidated its leading position on the Polish market by providing 1,100,000 sqm of office, residential, commercial and warehouse space. The company’s flagship investment is the Warsaw Spire office complex with Plac Europejski.
Source: ISBnews and Ghelamco