International real estate developer HB Reavis has announced the successful completion of its first unsecured CZK 1.25 billion (EUR 46.2 million) bond issue on the Czech capital market. This brings the total funds raised by HB Reavis through the Central European capital markets since November 2013 to almost EUR 150 million.
Our debut on the Czech capital market was overwhelmingly successful, which again confirmed investors’ confidence in HB Reavis’ business strategy and financial standing. This issue reinforces HB Reavis’ position as an issuer of unsecured bonds in multiple markets
said Marian Herman, CFO at HB Reavis.
Despite that it was an inaugural bond of HB Reavis on the Czech capital market, robustness of its balance sheet and cash flow management in combination with thorough introduction of its business model were key attraction points for investors
said Martin Vinter, Director, Markets, UniCredit Bank.
Thanks to HB Reavis’ professional approach and its ability to coherently present investors the business case for the bond issue, the joint lead managers successfully placed the entire issue across a wide investor base
added Jan Pokorný, Executive Director, Structured Financing, Komerční banka.
Disclaimer:The public offering of HB Reavis bonds with ISIN CZ0003513608 has terminated. This press release does not constitute an offer for subscription or purchase of any securities of HB Reavis Group.inShare added Jan Pokorný, Executive Director, Structured Financing, Komerční banka.