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Peach Property Group AG ( (CH:PEAN) ) has provided an update.
Peach Property Group AG has undertaken an early partial repayment of approximately EUR 73 million of its bond due in November 2025, as part of its ongoing balance sheet transformation. This move aligns with the company’s strategy to replace the bond, utilizing funds from a secured EUR 120 million credit facility, with plans for full replacement from a EUR 410 million facility secured in August, indicating a strategic shift in its financial management.
The most recent analyst rating on (CH:PEAN) stock is a Buy with a CHF7.95 price target. To see the full list of analyst forecasts on Peach Property Group AG stock, see the CH:PEAN Stock Forecast page.
More about Peach Property Group AG
Peach Property Group AG is a real estate investor specializing in rental apartments in Germany. The company is known for its experience, competence, and quality, offering innovative solutions for tenants and maintaining strong partnerships. Its portfolio includes high-yield properties in German Tier-II cities and selected development projects in Switzerland.
Average Trading Volume: 123,537
Current Market Cap: CHF334.9M
Find detailed analytics on PEAN stock on TipRanks’ Stock Analysis page.