DGAP-News: CONSUS Real Estate AG successfully places EUR 400 million Senior Secured Bond

Berlin, 3 May 2019 - CONSUS Real Estate AG ("Consus", and together with its consolidated subsidiaries, "Consus Group") successfully placed a senior secured corporate bond (Senior Secured Notes) with a total nominal amount of EUR 400,000,000 with institutional investors today. The notes have been issued at 98.5% with a duration of five years (until 2024), and a non-call period of two years and a coupon rate of 9.625% p.a. over the term.

The notes are governed by New York law (144A/Reg S) and are expected to be listed on the Official List of The International Stock Exchange. The net proceeds from the issue will be primarily used for the refinancing of outstanding liabilities of the Consus Group and cash payments in connection with the acquisition of shares in CG Group AG.

The rating agencies Fitch and Standard & Poor's rated the notes B and B-, respectively. The two rating agencies' issuer ratings for the Consus Group are B and B, respectively, with a stable outlook in each case. The detailed ratings are available on the Standard & Poor's website at www.standardandpoors.com and on the Fitch's website at www.fitchratings.com.com.

Andreas Steyer, CEO of Consus, comments: "The successful placement of our bond underlines the confidence investors have both in the Consus Group and in the potential of our business. Consus is the leading pure-play developer of real estate properties in the top 9 cities in Germany and has a business model focused on forward sales of residential developments to institutional investors that is geared towards reducing development risks."

Benjamin Lee, CFO of Consus, adds: "We have had strong investor feedback which delivered positive support to our successful bond issue. In combination with Consus' recent strong 2018 financials, this provides a very good backdrop to Consus 2019 performance."

Disclaimer
This document and the information contained herein are for information purposes only and do not constitute a prospectus or an offer to sell, or a solicitation of an offer to buy, any securities in the United States. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or pursuant to an available exemption from registration under the Securities Act.

This document does not constitute an offer document or an offer of securities to the public in the U.K. to which section 85 of the Financial Services and Markets Act 2000 of the U.K. applies and should not be considered as a recommendation that any person should subscribe for or purchase any securities as part of the Offer. This document is being communicated only to (i) persons who are outside the U.K.; (ii) persons who have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (iii) high net worth companies, unincorporated associations and other bodies who fall within article 49(2)(a) to (d) of the Order (all such persons together being referred to as "Relevant Persons"). Any person who is not a Relevant Person must not act or rely on this communication or any of its contents. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. This document should not be published, reproduced, distributed or otherwise made available, in whole or in part, to any other person without the prior consent of the Company.

This document contains forward-looking statements. These statements are based on the current views, expectations, assumptions and information of the management of the Company. Forward-looking statements should not be construed as a promise of future results and developments and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, affecting the Company, and other factors. The Company does not assume any obligations to update any forward-looking statements.
 
Contact
Investor Relations
Peer Schlinkmann
Head of Investor Relations & Capital Markets
investors@consus.ag
+49 30 965 357 90 260

About Consus Real Estate AG
CONSUS Real Estate AG ("Consus") the leading pure-play German property developer in the top 9 cities with EUR 9.6bn (GDV) in properties under development as per 31 December 2018. The Company focuses on residential property and specialises in the development of entire neighbourhoods ('quartiers') and standardised flats. The use of forward sales to institutional investors and the digitalisation of construction processes allow the Company to operate along the entire property development value chain. Consus implements projects - from the planning phase through to construction and transfer of ownership, as well as property management and the associated services - via its subsidiaries CG Group AG and SSN GROUP. CONSUS Real Estate AG's shares are listed in the Scale segment of the Frankfurt Stock Exchange and m:access segment of the Munich Stock Exchange and are traded on XETRA in Frankfurt, among others.