With a total volume of around €150 million, the bond issued by CA Immobilien Anlagen AG created a great deal of interest with investors. Retail sales accounted for up to 80 % of the volume, with the remainder placed with institutional investors. Book building was completed ahead of time, with the bond subscribed twice over within 24 hours. Thanks to strong demand from private investors in Austria, the offer was snapped up on the first day of the subscription period. The bond will be listed in the prime market segment of the Vienna Stock Exchange.

As Dr. Bruno Ettenauer, Chief Executive Officer at CA Immo, explained, “This transaction represents the highly successful market placing of the second corporate bond in the history of CA Immo.” Half of the capital raised will be used to enhance the company’s financing structure; the other half will serve to improve the Group’s liquidity.

The term is set at five years and the interest rate has been fixed at 6.125% p.a., producing a yield upon issue of 5.836% p.a. The lead manager for the transaction was UniCredit CAIB AG.

About CA Immo
Founded in 1987, CA Immo develops and invests in commercial real estate (particularly office properties) in Austria and Germany, as well as eastern Europe through its subsidiary CA Immo International. CA Immo has consolidated its foothold on the German market in the past two years: as of 30th June 2009, Germany accounted for around 60 % of the total property assets of € 3.7 billion. CA Immo acquired the Vivico Group – Germany’s leading urban district developer – at the end of 2007. CA Immo is listed on the Vienna Stock Exchange, with free float of around 90 % at the present time.

Disclaimer: This is a marketing document and an advertisement under the terms of the WAG (Securities Supervision Act) and the KMG (Capital Markets Act); it represents neither an offer of bonds from CA Immobilien Anlagen AG (the ‘issuer’), nor a financial analysis, nor guidance based on financial instruments, nor a recommendation based on financial instruments. The offer of bonds by the issuer (the ‘offer’) is made exclusively through and on the basis of the prospectus approved and published by the Financial Market Authority (the ‘prospectus’), which is available in printed form and free of charge at the business premises of the issuer (Mechelgasse 1, 1030 Vienna) during normal business hours. Only the information stated in the prospectus shall be binding in connection with the offer.

Please address any questions to:
CA Immobilien Anlagen AG
Susanne Steinböck
Tel.: +43 1532 590 7533

Tuesday, 13. October 2009 08:40