Aareal Bank AG
Aareal Bank AG: Funds affiliated with Apollo Global Management mandate Aareal Bank AG to arrange a pan-European debt facility for up to EUR800 million
DGAP-News: Aareal Bank AG / Key word(s): Financing Funds affiliated with Apollo Global Management mandate Aareal Bank AG to arrange a pan-European debt facility for up to EUR800 million Wiesbaden/London, 15 August 2018 – Certain funds affiliated with Apollo Global Management LLC, (NYSE:APO) (together with its consolidated subsidiaries “Apollo”), and Aareal Bank AG have closed a debt facility of up to EUR800 million with a five-year term, for the financing of a pan-European portfolio of logistics properties. The tailor-made facility provides stability, security, and flexibility for Apollo’s growing and diverse pan-European logistics portfolio. “We are thrilled about Aareal Bank’s ability to provide our funds with a long-term stable facility that supports the desire to grow our platform of logistics properties over the coming years. Aareal has been extremely efficient throughout the process”, said Dominik Jais, Partner, European Principal Finance at Apollo. “We are delighted that we were able to provide this complex financing for a cross-border portfolio, together with such renowned partners, within just ten weeks. Aareal Bank has thus substantiated its skills as an international property finance house, with proven expertise in the area of logistics properties”, said Christof Winkelmann, member of the Management Board of Aareal Bank.
For investor inquiries regarding Apollo: Contacts Aareal Bank AG: Sven Korndörffer Cornelia Müller Christian Feldbrügge About Aareal Bank Group
15.08.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Aareal Bank AG |
Paulinenstr. 15 | |
65189 Wiesbaden | |
Germany | |
Phone: | +49 (0)611 348 – 0 |
Fax: | +49 (0)611 348 – 2332 |
E-mail: | aareal@aareal-bank.com |
Internet: | www.aareal-bank.com |
ISIN: | DE0005408116 |
WKN: | 540811 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Stockholm |
End of News | DGAP News Service |