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ADLER Real Estate AG: ADLER Real Estate ends placement of its corporate bond

ADLER Real Estate AG  / Key word(s): Bond

02.04.2015 15:18

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad hoc disclosure pursuant to section 15 WpHG

ADLER Real Estate ends placement of its corporate bond

  - Successful placement of corporate bond

  - Nominal issue volume totals EUR300 million; coupon of 4.75% p.a.

Hamburg, 2 April 2015. ADLER Real Estate Aktiengesellschaft ("ADLER Real
Estate", ISIN: DE0005008007 / German Securities Identification Number
(WKN): 500800), Frankfurt am Main, successfully concluded the placement of
its five-year corporate bond today. The nominal issue volume placed
amounted to EUR300 million. The offer was made in a private placement only
and exclusively with qualified investors outside the United States of
America. The corporate bond has a coupon of 4.75% p.a. that was determined
in a book-building process and a yield of 5.00% p.a.

The net issue proceeds will be used primarily to finance the takeover of
WESTGRUND AG, Berlin. Net proceeds not required for the takeover will be
used to refinance existing liabilities of the ADLER Group.

ODDO SEYDLER BANK AG, Frankfurt am Main, acted as the Sole Global
Coordinator together with ODDO & CIE., Paris, as the Joint Bookrunner.

The Management Board


This disclosure constitutes neither an offer to sell nor an invitation to
submit an offer to purchase or subscribe for securities. No public offer of
bonds of ADLER Real Estate Aktiengesellschaft will take place.

The distribution of this disclosure may be subject to legal restrictions in
certain jurisdictions. Persons who come into possession of this disclosure
are required to inform themselves of such restrictions and comply with
them. Non-compliance with such restrictions may constitute an infringement
of the securities laws of the respective jurisdiction.

This disclosure is not intended for distribution in or within the United
States of America, Canada, Australia or Japan or in other jurisdictions in
which an offer or an invitation to submit an offer is subject to legal
restrictions. This disclosure does not constitute a public offer for
securities in the United States. The bond is not and will not be registered
in accordance with the U.S. Securities Act of 1933 as currently amended
(the "Securities Act") and may be offered or sold in the United States of
America only on the basis of a registration or an applicable exemption from
the registration requirement in accordance with the Securities Act.

For enquiries, please contact:

Press: german communications dbk ag
Jörg Bretschneider
Milchstr. 6 B, 20148 Hamburg
Telephone: 040-46 88 33 0, Fax: 040-47 81 80

Investor Relations: Hillermann Consulting
Christian Hillermann
Poststraße 14, 20354 Hamburg
Telephone: 040-32 02 79 10, Fax: 040-32 02 79 114

02.04.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language:     English
Company:      ADLER Real Estate AG
              Herriotstr. 5
              60528 Frankfurt am Main
Phone:        +49 (0)40 - 29 8130-0
Fax:          +49 (0)40 - 29 8130-99
ISIN:         DE0005008007, DE000A1R1A42, DE000A11QF02
WKN:          500800, A1R1A4, A11QF0
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg
End of Announcement                             DGAP News-Service