Investing in the booming market for hotels and resorts in the premium and luxury segments
10% interest per annum
Monthly interest payouts
Term: Seven years
Issuing volume of up to €50 million.
Subscription period from June 19 until July 13, 2023
Vienna, June 07, 2023 - EPH Group AG, a Vienna-based tourism enterprise, launches a 10% seven-year corporate bond for a total volume of up to €50 million. Investors can expect monthly interest payouts, for the first time on July 31, 2023. The bond's term to maturity is seven years. With a denomination of €1,000, the bond is aimed at both institutional and private investors (ISIN: DE000A3LJCB4 / WKN: A3LJCB).
The net proceeds generated by the issuance of the bonds will be used to develop a diversified portfolio of high-yield hotels and resorts in the premium and luxury segments in Austria, Germany, and other top European destinations. The first investments are planned for the two prime Austrian vacation spots of Tyrol and Salzburger Land. Thanks to its many years in the field, EPH Group AG has developed outstanding market access and a jam-packed acquisition pipeline. EPH Group AG is planning an initial public offering (IPO) in the Vienna Stock Exchange's "direct market plus" segment.
Leading in sustainable growth and crisis resilience
The resort industry is looking back at decades of sustainable growth and crisis resilience. The tourism industry's economic growth has been going strong all over the world. Nearby nature spots and year-round destinations are particularly popular. Hotel occupancy rates have reached new record levels lately, going hand in hand with significant increases in daily rates. Interestingly, the premium and luxury segments have been showing the most extraordinary growth rates. The focus of institutional investors is also increasingly shifting from city business hotels to the resort industry and vacation destinations in Europe.
Subscription period and start of trading
The interest-free subscription period for the bonds is expected to run from June 19 June 05 until July 13, 2023, but may be terminated earlier. The bond is offered for subscription by banks and online brokers via the "FirstPlace" subscription tool of Wiener Börse AG (Vienna Stock Exchange).
After the subscription period, the bond will be traded on the Vienna Stock Exchange's Vienna MTF and the Frankfurt Stock Exchange's Open Market (Quotation Board). The bond's listing has been scheduled for July 17, 2023.
The prospectus has been approved by the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) and notified to the Austrian Financial Market Authority (FMA) and the German Federal Financial Supervisory Authority (BaFin).
Service
Detailed information about the bond, the prospectus and all requisite documents is now available on our homepage: www.eph-group.com
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