on EPH Group AG (isin : DE000A3LJCB4)
EPH Group AG Announces Dual Listing of Bonds on Euronext Paris
EPH Group AG revealed today that as part of a dual listing strategy, its bond will commence trading on Euronext Paris, adding to its presence on Europe's largest stock exchange. With this strategic move, EPH aims to enhance the visibility and liquidity of its bond among a broader base of investors. The bond, previously listed on Frankfurt’s Open Market and Vienna's MTF, bears a significant 10% annual interest rate, with payouts scheduled monthly. The bond is configured with a EUR 1,000 denomination, targeting both institutional and private investors.
The proceeds from the bond issuance are earmarked for the development of high-yield hotels and resorts within the premium and luxury segments across prime European locations including Austria and Germany. The company disclosed that these funds would primarily facilitate the construction of a new premium segment resort in the Kitzbühel Alps, Austria, operated by a notable international hotel brand and held by a joint project company.
The listing process was supported by CHAMPEIL SA as the listing sponsor, alongside legal guidance from Müller Partner law firm, ensuring a rigorous compliance and due diligence process ahead of the Euronext debut.
R. P.
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