CA Immo to Repurchase Liabilities

Politics ♦ Published: January 22, 2014; 11:57 ♦ (Vindobona)

Listed real estate company CA Immobilien Anlagen AG announced to repurchase its own liabilities of around € 428m in nominal terms.

CA Immo to Repurchase Liabilities / Picture: © CA Immo AG

According to a press release published today, the real estate company will acquire a financing portfolio by VBAG. Half of the amount accounts for the real estate’s affiliates in Eastern Europe and for unsecured financing transactions at the holding company level. The purchase price has not been disclosed. However, it is below the nominal value, according to CA Immo.