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14 February 2012
Stockholm
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22 February 2012
London
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03-04 May 2012
Vienna, Austria
Aareal covers much 2009 funding with e2bn gov-guaranteed bond
Wiesbaden-based commercial real estate financier Aareal has covered much of its 2009 financing after the issue of a e2bn bank bond earlier this month guaranteed by the German Financial Markets Stabilisation Fund, according to CEO Wolf Schumacher. He told a press conference the bond was placed in mid-March, soon after Aareal accepted a silent participation of e525m from Berlin's SoFFin fund that also included a guarantee facility for unsecured securities issues of up to e4bn.