Private placement of bonds 


As at 19 March 2014 Intervest achieved the successful private placement of bonds for a total amount of € 60 million.

The bonds have a term of 5 years (€ 25 million) and 7 years (€ 35 million) respectively, and maturing respectively on 1 April 2019 and 1 April 2021. The € 25 million bond issue maturing on 1 April 2019 was repaid at the quarter end.

The bond with expiry date 1 April 2021 generates a fixed annual gross return of 4,057%.

The issue price of the bond was equal to their nominal amount, being € 100.000. The bond was placed with institutional investors.