Press Release
Paris, December 21st, 2018
New mortgage loan
Partial reimbursement of subordinated loan
Officiis Properties, a company listed on Euronext Paris, et its subsididiary Officiis Properties Paris Ouest 1, announce (i) having closed with Bank Helaba on 20 December 2018 a new mortgage loan of 92 M€ secured by the building Newtime, and (ii) having made a partial reimbursement of 90.6 M€ of its subordinated debt.
The interest rate and the bank's margin of this new mortgage loan are identical to the ones of the previous loan contracted on 31 July 2015. The maturity of the new loan is 20 December 2020.
Contact
Pierre Essig, Chief Executive Officer, Officiis Properties
52B, rue de la Bienfaisance, 75008 Paris
Tél. +33 1 83 92 33 86,
For more information, and/or to contact us, visit the company website: https://officiis-properties.com: https://officiis-properties.com
About Officiis Properties
Officiis Properties (previously Züblin Immobilière France) is a listed property company that has opted for SIIC status and invests in office properties. Its real estate portfolio consists of two office buildings in the Paris region.
Officiis Properties shares are listed on Euronext Paris Compartment C, an NYSE Euronext market - ISIN: FR0010298901
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Officiis Properties via Globenewswire