6th Apr 2016 15:00
BCRE - Brack Capital Real Estate Investments N.V.
("BCRE" or the "Company")
Subsidiary Issue of Bonds
The Company announces that the Company's subsidiary Brack Capital Properties N.V. ("BCRE Germany"), whose shares are traded on the Tel Aviv Stock Exchange ("TASE"), announced that it has issued 60,058 additional bonds Series C out of the 75,000 bonds offered in tender, at a price of NIS 1,021 each. The gross proceeds in respect of the bond issue amounted to NIS 61,319,218.
For ease of reference, the uncertified English translation of the announcement together with the original announcement which was published on the TASE in Hebrew, are available on the Company's website www.brack-capital.com.
ENQUIRIES:
BCRE - Brack Capital Real Estate Investments N.V. |
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Ariel Podrojski, Chief Executive Officer |
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Nansia Koutsou, Chief Financial Officer / Chief Operating Officer | +31 20 514 1004 |
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Novella Communications |
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Tim Robertson |
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Ben Heath | +44 203 151 7008 |
About BCRE
BCRE is an international real estate development and investment group, headquartered in the Netherlands and listed on the London Stock Exchange. Through its subsidiary and associated undertakings, the Company is interested in, develops and operates an international portfolio of real estate assets, predominantly located in the USA, Germany, Russia, India and the UK.
The Company has established local management team platforms with significant local market expertise in the US, Germany, Russia, India and the UK with exclusive access to over 550 staff. At present, the Company has offices and teams in New York, London, Frankfurt, Düsseldorf, Moscow, Kazan, New Delhi, Amsterdam, Limassol and Budapest.
Related Shares:
BCRE.L